Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) Short Interest Update

Invesco Dorsey Wright Developed Markets Momentum ETF (NASDAQ:PIZ) saw a significant decline in short interest in June. As of June 15th, there was short interest totaling 21,138 shares, a decline of 77.7% from the May 31st total of 94,893 shares. Based on an average trading volume of 92,168 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Investors Weigh In On Invesco Dorsey Wright Developed Markets Momentum ETF

Institutional investors have recently bought and sold shares of the stock. Garton & Associates Financial Advisors LLC purchased a new stake in Invesco Dorsey Wright Developed Markets Momentum ETF in the 4th quarter valued at $41,000. Kestra Advisory Services LLC bought a new stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF in the 4th quarter worth $97,000. Flagship Wealth Advisors LLC bought a new stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF in the 4th quarter worth $122,000. Arax Advisory Partners purchased a new stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF in the fourth quarter valued at about $133,000. Finally, BNP Paribas Financial Markets purchased a new stake in shares of Invesco Dorsey Wright Developed Markets Momentum ETF in the second quarter valued at about $153,000.

Invesco Dorsey Wright Developed Markets Momentum ETF Trading Down 1.4%

NASDAQ PIZ traded down $0.76 during trading hours on Friday, hitting $54.78. The company’s stock had a trading volume of 95,395 shares, compared to its average volume of 96,290. The company has a market capitalization of $753.23 million, a PE ratio of 18.27 and a beta of 1.10. Invesco Dorsey Wright Developed Markets Momentum ETF has a 52 week low of $44.76 and a 52 week high of $59.47. The company’s 50-day simple moving average is $56.37 and its two-hundred day simple moving average is $53.15.

Invesco Dorsey Wright Developed Markets Momentum ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were issued a $0.4503 dividend. This represents a $1.80 dividend on an annualized basis and a dividend 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.