Invesco Global Water ETF (NASDAQ:PIO) Short Interest Update

Invesco Global Water ETF (NASDAQ:PIO) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 13,700 shares, a growth of 813.3% from the March 15th total of 1,500 shares. Based on an average daily volume of 14,300 shares, the short-interest ratio is currently 1.0 days. Currently, 0.2% of the company’s stock are sold short.

Hedge Funds Weigh In On Invesco Global Water ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC grew its stake in shares of Invesco Global Water ETF by 3,913.0% in the first quarter. GAMMA Investing LLC now owns 19,784 shares of the company’s stock valued at $7,940,000 after acquiring an additional 19,291 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in Invesco Global Water ETF during the fourth quarter worth about $42,000. Cetera Investment Advisers boosted its position in shares of Invesco Global Water ETF by 4.1% during the 4th quarter. Cetera Investment Advisers now owns 17,476 shares of the company’s stock worth $683,000 after acquiring an additional 686 shares in the last quarter. Citadel Advisors LLC increased its stake in shares of Invesco Global Water ETF by 14.5% in the 4th quarter. Citadel Advisors LLC now owns 31,445 shares of the company’s stock valued at $1,228,000 after purchasing an additional 3,985 shares during the last quarter. Finally, Susquehanna International Group LLP grew its holdings in shares of Invesco Global Water ETF by 18.9% during the 4th quarter. Susquehanna International Group LLP now owns 82,502 shares of the company’s stock valued at $3,222,000 after purchasing an additional 13,137 shares during the last quarter.

Invesco Global Water ETF Stock Performance

NASDAQ PIO traded up $0.60 on Monday, reaching $39.50. The company had a trading volume of 8,146 shares, compared to its average volume of 9,980. The company’s fifty day moving average is $40.18 and its 200-day moving average is $40.61. The firm has a market capitalization of $242.93 million, a price-to-earnings ratio of 24.85 and a beta of 0.96. Invesco Global Water ETF has a 1-year low of $33.00 and a 1-year high of $43.54.

Invesco Global Water ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a dividend of $0.0541 per share. This is a positive change from Invesco Global Water ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Monday, March 24th.

About Invesco Global Water ETF

PowerShares Global Water Portfolio (the Fund) seeks investment results that generally correspond to the price and yield performance of the NASDAQ OMX Global Water Index (the Index). The Fund will invest at least 90% of its total assets in the equity securities that comprise the Index, American depository receipts (ADR) and Global depository receipts (GDR) that are based on the securities in the Index.