Short Interest in Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) Rises By 2,694.7%

Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) was the recipient of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 53,100 shares, a growth of 2,694.7% from the February 13th total of 1,900 shares. Based on an average daily volume of 27,900 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.0% of the company’s shares are short sold.

Invesco DWA Developed Markets Momentum ETF Trading Down 1.4 %

Shares of NASDAQ PIZ opened at $38.34 on Friday. Invesco DWA Developed Markets Momentum ETF has a 1 year low of $32.68 and a 1 year high of $40.48. The firm’s 50-day moving average is $38.44 and its 200-day moving average is $37.68. The firm has a market capitalization of $185.95 million, a PE ratio of 19.94 and a beta of 1.00.

Invesco DWA Developed Markets Momentum ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.2876 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of Invesco DWA Developed Markets Momentum ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Global Retirement Partners LLC acquired a new stake in shares of Invesco DWA Developed Markets Momentum ETF during the fourth quarter worth $297,000. Lunt Capital Management Inc. bought a new stake in shares of Invesco DWA Developed Markets Momentum ETF in the 4th quarter valued at about $293,000. Apollon Wealth Management LLC bought a new stake in shares of Invesco DWA Developed Markets Momentum ETF in the 3rd quarter valued at about $204,000. Comerica Bank increased its stake in shares of Invesco DWA Developed Markets Momentum ETF by 24.5% in the 4th quarter. Comerica Bank now owns 6,337 shares of the company’s stock valued at $230,000 after acquiring an additional 1,246 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its stake in shares of Invesco DWA Developed Markets Momentum ETF by 15.1% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 11,102 shares of the company’s stock valued at $403,000 after acquiring an additional 1,457 shares during the last quarter.

About Invesco DWA Developed Markets Momentum ETF

PowerShares DWA Developed Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Developed Markets Technical Leaders Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of developed economies within Dorsey Wright & Associates’ classification definition, excluding the United States companies listed on the United States stock exchange.