(NASDAQ:PIO) shares saw heavy trading volume with 82K shares changing hands by the end of trading on Tuesday. Shares saw a steep increase in trading volume of 319.09% over the normal average daily volume. Investors are feeling more bearish on shares of PowerShares Global Water Portfo lately as indicated by the uptick in short interest. The firm experienced a rise in short interest between September 29, 2017 and October 13, 2017 of 278.35%. Short shares increased from 4,485 to 16,969 over that period.
A few notable investment firms have updated their holdings. As of the end of the quarter Central Trust Co had acquired a total of 250 shares growing its position 71.4%. The value of the total investment in PowerShares Global Water Portfo increased from $8,000 to $15,000 a change of $7,000 for the reporting period. Whittier Trust Co Of Nevada Inc downsized its stake by selling 1,000 shares a decrease of 80.0% as of 09/30/2017. Whittier Trust Co Of Nevada Inc currently owns 250 shares with a value of $6,000. The value of the position overall is down by 80.0%.
As of quarter end Linscomb & Williams, Inc. had sold 1,281 shares trimming its holdings by 3.6%. The value of the investment in PowerShares Global Water Portfo went from $840,000 to $850,000 a change of 1.2% since the last quarter. Raymond James Financial Services Advisors, Inc. reduced its holdings by shedding 9,210 shares a decrease of 23.1% in the quarter. Raymond James Financial Services Advisors, Inc. owns 30,678 shares valued at $764,000. The total value of its holdings decreased 19.3%.
The company is down by 0.71% since yesterday’s close of $0.00. The stock is trading at $25.06 just a bit higher than $24.86, the stock’s 50 day moving average and which is marginally over the 200 day moving average of $24.06. The 50 day moving average went up by +0.80% whereas the 200 day average was up by +4.15%.Advertisement