Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) Short Interest Down 57.8% in February

Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) was the target of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 1,900 shares, a decline of 57.8% from the January 31st total of 4,500 shares. Based on an average daily trading volume, of 25,000 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Steward Partners Investment Advisory LLC grew its position in shares of Invesco DWA Developed Markets Momentum ETF by 9.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,471 shares of the company’s stock worth $162,000 after buying an additional 392 shares in the last quarter. Apollon Wealth Management LLC purchased a new position in Invesco DWA Developed Markets Momentum ETF during the 3rd quarter valued at about $204,000. Comerica Bank raised its holdings 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 purchasing an additional 1,246 shares in the last quarter. 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. Finally, Avantax Advisory Services Inc. purchased a new stake in shares of Invesco DWA Developed Markets Momentum ETF in the 4th quarter worth approximately $295,000.

Invesco DWA Developed Markets Momentum ETF Stock Down 0.5 %

PIZ traded down $0.18 on Friday, reaching $38.79. 10,825 shares of the company traded hands, compared to its average volume of 29,888. The company has a market cap of $188.13 million, a P/E ratio of 20.88 and a beta of 1.00. Invesco DWA Developed Markets Momentum ETF has a one year low of $32.68 and a one year high of $40.48. The firm has a fifty day simple moving average of $37.97 and a two-hundred day simple moving average of $37.53.

Invesco DWA Developed Markets Momentum ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a $0.2876 dividend. The ex-dividend date was Monday, December 23rd.

Invesco DWA 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.