25.3% rise in short interest of Invesco Dorsey Wright Momentum ETF (PDP) to 12,400 shares in March.

Invesco Dorsey Wright Momentum ETF (NASDAQ:PDP) saw a 25.3% rise in short interest in March to 12,400 shares from 9,900 shares in February. With an average daily volume of 27,700 shares, the days-to-cover ratio stands at 0.4 days. PDP stock dropped 0.6% to $98.20 on Monday, trading at a $1.28bn market cap, 14.52 P/E, and a beta of 1.02.

April 01, 2024
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