Invesco DWA Momentum ETF Price & Performance (PDP)

Invesco DWA Emerging Markets Momentum ETF (NASDAQ:PIE) experienced a 150% spike in short interest during February, with shares rising to 2,500 from 1,000 previously. The ETF, which focuses on emerging market securities, now has a days-to-cover ratio of 0.1, reflecting the significant increase in bearish positions.1

Short interest in Invesco DWA Developed Markets Momentum ETF (NASDAQ:PIZ) skyrocketed by 2,694.7% in February, reaching 53,100 shares. With an average daily trading volume of 27,900 shares, the days-to-cover ratio now stands at 1.9. Institutional investors have also been actively adjusting their holdings in this ETF.2

Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) saw increased interest from investors, with Jones Financial Companies Lllp boosting its stake by 124.8% during the fourth quarter. The ETF, valued at $1.19 billion, continues to attract attention for its focus on technical leaders in the market.3