Invesco Golden Dragon China ETF (NASDAQ:PGJ) Sees Large Increase in Short Interest

Invesco Golden Dragon China ETF (NASDAQ:PGJFree Report) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 13,500 shares, an increase of 28.6% from the May 31st total of 10,500 shares. Based on an average daily volume of 60,300 shares, the short-interest ratio is currently 0.2 days.

Invesco Golden Dragon China ETF Trading Down 0.7 %

Invesco Golden Dragon China ETF stock opened at $27.04 on Thursday. The company has a fifty day simple moving average of $26.58 and a 200-day simple moving average of $27.41. Invesco Golden Dragon China ETF has a 12-month low of $16.87 and a 12-month high of $33.93. The stock has a market cap of $179.55 million, a P/E ratio of 43.14 and a beta of 0.58.

Invesco Golden Dragon China ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 23rd. Investors of record on Wednesday, June 21st were paid a dividend of $0.0876 per share. The ex-dividend date of this dividend was Tuesday, June 20th. This represents a $0.35 annualized dividend and a yield of 1.30%.

Institutional Investors Weigh In On Invesco Golden Dragon China ETF

Several hedge funds and other institutional investors have recently bought and sold shares of PGJ. Activest Wealth Management acquired a new stake in Invesco Golden Dragon China ETF during the 4th quarter worth $35,000. Salem Investment Counselors Inc. acquired a new position in Invesco Golden Dragon China ETF in the fourth quarter valued at $44,000. Blair William & Co. IL increased its stake in Invesco Golden Dragon China ETF by 2,750.0% in the fourth quarter. Blair William & Co. IL now owns 2,850 shares of the company’s stock valued at $78,000 after purchasing an additional 2,750 shares during the period. Pacific Center for Financial Services acquired a new position in Invesco Golden Dragon China ETF in the first quarter valued at $151,000. Finally, Virtu Financial LLC acquired a new position in Invesco Golden Dragon China ETF in the fourth quarter valued at $213,000.

About Invesco Golden Dragon China ETF

(Free Report)

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.

Featured Articles

Receive News & Ratings for Invesco Golden Dragon China ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Golden Dragon China ETF and related companies with MarketBeat.com's FREE daily email newsletter.