Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Short Interest Update

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totalling 400 shares, a decrease of 85.7% from the November 30th total of 2,800 shares. Based on an average trading volume of 3,200 shares, the days-to-cover ratio is currently 0.1 days.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Price Performance

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF stock traded down $1.47 during midday trading on Friday, reaching $99.99. The company had a trading volume of 2,309 shares, compared to its average volume of 4,812. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF has a 12-month low of $79.21 and a 12-month high of $113.42. The firm’s fifty day simple moving average is $106.23 and its 200-day simple moving average is $100.88. The company has a market capitalization of $67.99 million, a P/E ratio of 19.95 and a beta of 1.29.

Hedge Funds Weigh In On Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Transamerica Financial Advisors Inc. increased its stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 0.3% during the third quarter. Transamerica Financial Advisors Inc. now owns 146,405 shares of the company’s stock worth $15,235,000 after acquiring an additional 397 shares during the last quarter. Financial Management Professionals Inc. purchased a new stake in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 3rd quarter valued at approximately $1,743,000. Silver Oak Securities Incorporated boosted its position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 65.2% during the 3rd quarter. Silver Oak Securities Incorporated now owns 21,791 shares of the company’s stock worth $2,270,000 after purchasing an additional 8,602 shares during the period. SPC Financial Inc. increased its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 1.8% in the 2nd quarter. SPC Financial Inc. now owns 9,888 shares of the company’s stock valued at $949,000 after purchasing an additional 178 shares during the last quarter. Finally, Commonwealth Equity Services LLC purchased a new stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the second quarter valued at approximately $497,000.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Company Profile

PowerShares Dynamic Consumer Discretionary Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Discretionary Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer companies.