Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO) Shares Shorted: Short Interest Down 60.3% in October

by · The Markets Daily

Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO – Get Free Report) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 11,102 shares, a drop of 60.3% from the September 30th total of 27,978 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily volume of 212,176 shares, the short-interest ratio is currently 0.1 days.

Invesco S&P Emerging Markets Momentum ETF Trading Down 5.2%

NYSEARCA EEMO traded down $1.07 on Friday, reaching $19.43. The stock had a trading volume of 45,664 shares, compared to its average volume of 26,429. The business has a 50 day moving average price of $21.99 and a 200 day moving average price of $20.77. Invesco S&P Emerging Markets Momentum ETF has a 1 year low of $16.24 and a 1 year high of $26.17. The company has a market capitalization of $58.29 million, a price-to-earnings ratio of 14.69 and a beta of 0.90.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Invesco S&P Emerging Markets Momentum ETF stock. Avior Wealth Management LLC bought a new stake in shares of Invesco S&P Emerging Markets Momentum ETF (NYSEARCA:EEMO – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 45,372 shares of the company’s stock, valued at approximately $1,015,000. Avior Wealth Management LLC owned approximately 1.46% of Invesco S&P Emerging Markets Momentum ETF at the end of the most recent reporting period.

Invesco S&P Emerging Markets Momentum ETF Company Profile

(Get Free Report)

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.

See Also