Invesco DWA Energy Momentum ETF (NASDAQ:PXI) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 5,200 shares, a growth of 477.8% from the September 15th total of 900 shares. Based on an average daily volume of 120,600 shares, the days-to-cover ratio is currently 0.0 days.
PXI opened at $33.29 on Thursday. The business’s 50-day moving average price is $27.31 and its two-hundred day moving average price is $27.12. Invesco DWA Energy Momentum ETF has a 1 year low of $11.72 and a 1 year high of $34.66.
The company also recently declared a quarterly dividend, which was paid on Thursday, September 30th. Shareholders of record on Tuesday, September 21st were paid a $0.063 dividend. This is an increase from Invesco DWA Energy Momentum ETF’s previous quarterly dividend of $0.04. The ex-dividend date of this dividend was Monday, September 20th. This represents a $0.25 annualized dividend and a dividend yield of 0.76%.
About Invesco DWA Energy Momentum ETF
PowerShares Dynamic Energy Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Energy Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund invests in sectors, such as energy, materials and utilities.
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