Invesco Water Resources ETF (NASDAQ:PHO – Get Free Report) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 39,300 shares, a growth of 18.4% from the August 31st total of 33,200 shares. Based on an average daily volume of 68,400 shares, the short-interest ratio is presently 0.6 days.
Invesco Water Resources ETF Stock Performance
NASDAQ PHO traded up $0.31 during mid-day trading on Friday, reaching $70.51. 88,434 shares of the stock were exchanged, compared to its average volume of 71,610. The stock has a market capitalization of $2.28 billion, a PE ratio of 37.18 and a beta of 0.96. Invesco Water Resources ETF has a 1-year low of $49.65 and a 1-year high of $71.09. The business’s fifty day simple moving average is $68.45 and its 200 day simple moving average is $66.73.
Invesco Water Resources ETF Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.28%.
Institutional Trading of Invesco Water Resources ETF
About Invesco Water Resources ETF
PowerShares Water Resources Portfolio (the Fund) seeks investment results that generally correspond to the price yield of the NASDAQ OMX US Water Index (the Underlying Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Underlying Index. The Underlying Index seeks to track the performance of the United States exchange-listed companies that create products designed to conserve and purify water for homes, businesses and industries.
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