The number of short positions held in the Invesco DWA Emerging Markets Momentum ETF dropped by a sizeable amount in January (NASDAQ: PIE). Compared to the total of 113,000 shares that were available for a short sale on January 15, there were a total of 46,900 shares available for a short sale as of January 31.
This represents a decrease of 58.5% when compared to the previous figure.
Based on an average daily trading volume of 74,800 shares, the days-to-cover ratio is at 0.6 days at the time of this writing.
This is the number that was arrived at.
In addition, the business just recently announced a quarterly dividend, which, after being paid out, was then distributed on December 23. On Tuesday, December 20, $0.051 dividend payments per share were mailed out to stockholders who already had their information on file.
This equates to a dividend payment of $0.20 per year, giving the stock a yield of 1.12% and a return on investment of 1.12%. On Monday, December 19, shareholders did not receive a portion of this dividend because it had already been distributed.
PIE stock ended the day’s trading on Friday at $18.25, representing a decrease of $0.32 from its previous price. Only 38,447 shares were traded by the company, a significant decrease from the usual volume of 58,170 shares traded daily.
The Invesco DWA, Emerging Markets Momentum ETF, had a price range of $15.73 to $25.04 over the previous year, with $15.73 being the lowest price and $25.04 being the highest price.
The stock has had a moving average price of $17.93 for the last 200 trading days, while the moving average price for the last 50 trading days is $18.39.
Over the past few months, various hedge funds and institutional investors have been very active in both the buying and selling of PIE. Cetera Advisor Networks LLC increased the proportion of the Invesco DWA Emerging Markets Momentum ETF, which is owned by 14.4% over the first three months of 2014. Cetera Advisor Networks LLC increased its holdings in the company by 12,256 shares during the quarter by purchasing an additional 1,546 shares of the company’s stock at an average price of $286,000 per share.
International Assets Investment Management LLC spent $4,513,000 on purchasing shares in the Invesco DWA Emerging Markets Momentum ETF during the first three months of 2018. Centaurus Financial INC increased the percentage of its holdings in the Invesco DWA Emerging Markets Momentum ETF by 463.3 percent over the first three months of 2018.
There are 49,490 shares of the company’s stock held by Centaurus Financial, INC The value of these shares is $1,156,000.
This is because the company purchased an additional 40,704 shares during the quarter for its operations.
The investment firm UBS Group AG increased the proportion of the Invesco DWA Emerging Markets Momentum ETF, which is owned by 1.9% over the first three months of 2018. UBS Group AG now has 346,741 shares of the company’s stock after purchasing an additional 6,616 shares during the period.
The stock is currently valued at $8,000,000 due to the number of shares owned.
Last but certainly not least, during the first quarter, Jane Street Group LLC increased its holdings in the Invesco DWA Emerging Markets Momentum ETF by approximately the same amount.
This brought the total value of those holdings to approximately $1,446,000.
The PowerShares DWA Emerging Markets Technical Leaders Portfolio (the Fund) was built with the Dorsey Wright Emerging Markets Technical Leaders Index as the foundation upon which it was built (the Index).
According to Dorsey Wright & Associates analysis, a minimum of eighty percent of the Fund’s total assets are typically invested in the securities of emerging economies.
This percentage does not include any company holdings listed on a stock exchange in the United States.
