Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO) Short Interest Update

Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO) was the recipient of a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 3,432 shares, a decline of 20.4% from the February 26th total of 4,309 shares. Based on an average daily volume of 483 shares, the short-interest ratio is presently 7.1 days. Approximately 0.5% of the shares of the stock are sold short.

Hedge Funds Weigh In On Invesco S&P Emerging Markets Momentum ETF

Institutional investors have recently made changes to their positions in the stock. Foundations Investment Advisors LLC acquired a new stake in shares of Invesco S&P Emerging Markets Momentum ETF during the fourth quarter valued at $259,000. Fortis Capital Advisors LLC purchased a new stake in Invesco S&P Emerging Markets Momentum ETF during the 4th quarter worth about $523,000. Finally, Equitable Holdings Inc. raised its stake in Invesco S&P Emerging Markets Momentum ETF by 4.4% in the 3rd quarter. Equitable Holdings Inc. now owns 81,905 shares of the company’s stock valued at $1,472,000 after purchasing an additional 3,438 shares during the last quarter.

Invesco S&P Emerging Markets Momentum ETF Stock Performance

EEMO stock opened at $16.47 on Monday. Invesco S&P Emerging Markets Momentum ETF has a 1 year low of $12.85 and a 1 year high of $19.11. The stock’s 50 day moving average price is $18.20 and its 200 day moving average price is $17.98. The firm has a market cap of $10.71 million, a P/E ratio of 14.69 and a beta of 0.66.

About Invesco S&P Emerging Markets Momentum ETF

The Invesco S&P Emerging Markets Momentum ETF (EEMO) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap emerging market equities, selected by price momentum. Stocks are weighted by momentum, scaled by market-cap. EEMO was launched on Feb 24, 2012 and is managed by Invesco.