Invesco Golden Dragon China ETF (NASDAQ:PGJ) Short Interest Down 37.7% in December

Invesco Golden Dragon China ETF (NASDAQ:PGJ) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 14,400 shares, a decline of 37.7% from the November 30th total of 23,100 shares. Based on an average daily trading volume, of 169,300 shares, the days-to-cover ratio is currently 0.1 days.

Invesco Golden Dragon China ETF Price Performance

NASDAQ:PGJ opened at $26.96 on Friday. The firm has a market cap of $165.53 million, a price-to-earnings ratio of 14.59 and a beta of 0.58. Invesco Golden Dragon China ETF has a 1-year low of $19.97 and a 1-year high of $31.97. The firm’s fifty day moving average price is $26.54 and its 200 day moving average price is $24.63.

Invesco Golden Dragon China ETF Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, December 27th. Stockholders of record on Monday, December 23rd will be issued a $0.0651 dividend. The ex-dividend date is Monday, December 23rd.

Institutional Investors Weigh In On Invesco Golden Dragon China ETF

Institutional investors and hedge funds have recently modified their holdings of the company. BNP Paribas Financial Markets increased its position in Invesco Golden Dragon China ETF by 35.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,596 shares of the company’s stock worth $186,000 after purchasing an additional 1,744 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Invesco Golden Dragon China ETF during the 3rd quarter worth about $245,000. Commonwealth Equity Services LLC grew its holdings in shares of Invesco Golden Dragon China ETF by 8.1% during the second quarter. Commonwealth Equity Services LLC now owns 13,449 shares of the company’s stock worth $299,000 after buying an additional 1,005 shares in the last quarter. MML Investors Services LLC grew its holdings in shares of Invesco Golden Dragon China ETF by 38.8% during the third quarter. MML Investors Services LLC now owns 24,521 shares of the company’s stock worth $691,000 after buying an additional 6,850 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in shares of Invesco Golden Dragon China ETF in the second quarter valued at approximately $775,000.

Invesco Golden Dragon China ETF Company Profile

The Invesco Golden Dragon China ETF (PGJ) is an exchange-traded fund that is based on the NASDAQ Golden Dragon China index, a market-cap-weighted index of Chinese stocks. PGJ was launched on Dec 9, 2004 and is managed by Invesco.