Invesco Global Water ETF (NASDAQ:PIO) Short Interest Down 81.4% in February

Invesco Global Water ETF (NASDAQ:PIO) was the target of a significant decrease in short interest in February. As of February 28th, there was short interest totalling 800 shares, a decrease of 81.4% from the February 13th total of 4,300 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 13,100 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of PIO. Heck Capital Advisors LLC acquired a new position in Invesco Global Water ETF in the 4th quarter worth about $42,000. Cetera Investment Advisers increased its stake in shares of Invesco Global Water ETF by 4.1% in the fourth quarter. Cetera Investment Advisers now owns 17,476 shares of the company’s stock valued at $683,000 after buying an additional 686 shares during the period. Citadel Advisors LLC increased its stake in shares of Invesco Global Water ETF by 14.5% in the fourth quarter. Citadel Advisors LLC now owns 31,445 shares of the company’s stock valued at $1,228,000 after buying an additional 3,985 shares during the period. Susquehanna International Group LLP raised its holdings in Invesco Global Water ETF by 18.9% in the 4th quarter. Susquehanna International Group LLP now owns 82,502 shares of the company’s stock valued at $3,222,000 after buying an additional 13,137 shares during the last quarter. Finally, Stifel Financial Corp boosted its position in Invesco Global Water ETF by 6.9% during the 4th quarter. Stifel Financial Corp now owns 49,191 shares of the company’s stock worth $1,921,000 after buying an additional 3,195 shares during the period.

Invesco Global Water ETF Stock Performance

Shares of Invesco Global Water ETF stock traded down $0.29 during midday trading on Thursday, hitting $39.93. 13,067 shares of the company traded hands, compared to its average volume of 14,722. The firm’s fifty day moving average price is $40.44 and its 200-day moving average price is $40.99. The stock has a market cap of $249.56 million, a price-to-earnings ratio of 25.31 and a beta of 1.05. Invesco Global Water ETF has a 12 month low of $38.35 and a 12 month high of $43.54.

Invesco Global Water ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.0496 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco Global Water ETF Company Profile

PowerShares Global Water Portfolio (the Fund) seeks investment results that generally correspond to the price and yield performance of the NASDAQ OMX Global Water Index (the Index). The Fund will invest at least 90% of its total assets in the equity securities that comprise the Index, American depository receipts (ADR) and Global depository receipts (GDR) that are based on the securities in the Index.