Short Interest in Invesco BLDRS Emerging Markets 50 ADR Index Fund (NASDAQ:ADRE) Decreases By 28.9%

Invesco BLDRS Emerging Markets 50 ADR Index Fund (NASDAQ:ADRE – Get Rating) was the recipient of a significant drop in short interest in December. As of December 30th, there was short interest totalling 50,100 shares, a drop of 28.9% from the December 15th total of 70,500 shares. Based on an average daily volume of 9,200 shares, the short-interest ratio is currently 5.4 days.

Invesco BLDRS Emerging Markets 50 ADR Index Fund Trading Down 0.7 %

ADRE opened at $42.09 on Thursday. The firm has a 50-day moving average price of $39.07 and a 200-day moving average price of $36.71. Invesco BLDRS Emerging Markets 50 ADR Index Fund has a twelve month low of $31.47 and a twelve month high of $49.34.

Invesco BLDRS Emerging Markets 50 ADR Index Fund Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 23rd. Stockholders of record on Tuesday, December 20th were given a $0.379 dividend. The ex-dividend date was Monday, December 19th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.60%.

Hedge Funds Weigh In On Invesco BLDRS Emerging Markets 50 ADR Index Fund

A number of large investors have recently modified their holdings of ADRE. Envestnet Asset Management Inc. boosted its position in shares of Invesco BLDRS Emerging Markets 50 ADR Index Fund by 19.2% in the first quarter. Envestnet Asset Management Inc. now owns 7,626 shares of the company’s stock valued at $336,000 after acquiring an additional 1,230 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in shares of Invesco BLDRS Emerging Markets 50 ADR Index Fund by 17.5% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 10,146 shares of the company’s stock valued at $447,000 after acquiring an additional 1,514 shares during the period. Flow Traders U.S. LLC boosted its position in shares of Invesco BLDRS Emerging Markets 50 ADR Index Fund by 12.1% in the first quarter. Flow Traders U.S. LLC now owns 7,585 shares of the company’s stock valued at $335,000 after acquiring an additional 818 shares during the period. Eaton Vance Management boosted its position in shares of Invesco BLDRS Emerging Markets 50 ADR Index Fund by 34.6% in the first quarter. Eaton Vance Management now owns 4,671 shares of the company’s stock valued at $205,000 after acquiring an additional 1,200 shares during the period. Finally, Royal Bank of Canada boosted its position in shares of Invesco BLDRS Emerging Markets 50 ADR Index Fund by 34.4% in the first quarter. Royal Bank of Canada now owns 8,078 shares of the company’s stock valued at $356,000 after acquiring an additional 2,067 shares during the period.

About Invesco BLDRS Emerging Markets 50 ADR Index Fund

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BLDRS Emerging Markets 50 ADR Index Fund (the Fund) is an exchange-traded fund based on the BNY Mellon Emerging Markets 50 ADR Index (the Index). The Fund normally holds at least 95% of its total assets in Depositary Receipts that comprise the Index. The Index is capitalization-weighted and designed to track the performance of approximately 50 emerging market-based depositary receipts.