Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) Short Interest Down 93.5% in August

Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 61 shares, a drop of 93.5% from the August 15th total of 940 shares. Based on an average daily volume of 87,236 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in PIZ. Wells Fargo & Company MN boosted its stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 3.1% in the 4th quarter. Wells Fargo & Company MN now owns 2,002,892 shares of the company’s stock valued at $98,107,000 after purchasing an additional 60,477 shares in the last quarter. LPL Financial LLC grew its stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 29.1% during the fourth quarter. LPL Financial LLC now owns 620,114 shares of the company’s stock valued at $30,375,000 after purchasing an additional 139,939 shares during the last quarter. Royal Bank of Canada lifted its holdings in Invesco Dorsey Wright Developed Markets Momentum ETF by 6.1% during the 1st quarter. Royal Bank of Canada now owns 612,716 shares of the company’s stock worth $30,342,000 after buying an additional 35,439 shares in the last quarter. Creative Financial Designs Inc. ADV increased its stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF by 8.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 341,130 shares of the company’s stock valued at $16,710,000 after buying an additional 27,734 shares during the period. Finally, Raymond James Financial Inc. increased its position in Invesco Dorsey Wright Developed Markets Momentum ETF by 143.5% in the second quarter. Raymond James Financial Inc. now owns 300,914 shares of the company’s stock worth $13,827,000 after purchasing an additional 177,328 shares during the period.

Invesco Dorsey Wright Developed Markets Momentum ETF Stock Up 1.2%

PIZ stock traded up $0.66 during mid-day trading on Friday, reaching $54.06. 12,469 shares of the stock traded hands, compared to its average volume of 92,413. Invesco Dorsey Wright Developed Markets Momentum ETF has a 52 week low of $45.74 and a 52 week high of $59.47. The firm has a market capitalization of $759.50 million, a PE ratio of 18.27 and a beta of 1.11. The business has a 50-day moving average of $53.24 and a two-hundred day moving average of $53.98.

Invesco Dorsey Wright Developed Markets Momentum ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a dividend of $0.4503 per share. This represents a $1.80 annualized dividend and a yield of 3.3%. The ex-dividend date was Monday, June 22nd.

Invesco Dorsey Wright Developed Markets Momentum ETF Company Profile

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. This Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in developed markets including, but not limited to, Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom.