Invesco Global Clean Energy ETF (NYSEARCA:PBD) Short Interest Down 44.9% in January

Invesco Global Clean Energy ETF (NYSEARCA:PBD) was the recipient of a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 70,503 shares, a decline of 44.9% from the January 15th total of 127,914 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average daily trading volume, of 73,382 shares, the days-to-cover ratio is presently 1.0 days. Based on an average daily trading volume, of 73,382 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.7% of the company’s shares are short sold.

Invesco Global Clean Energy ETF Stock Performance

Shares of PBD traded up $0.20 during mid-day trading on Friday, reaching $18.11. 15,279 shares of the company were exchanged, compared to its average volume of 71,223. The business has a 50 day simple moving average of $17.06 and a two-hundred day simple moving average of $15.88. The stock has a market capitalization of $186.17 million, a PE ratio of 19.47 and a beta of 1.37. Invesco Global Clean Energy ETF has a 52 week low of $9.02 and a 52 week high of $18.40.

Institutional Investors Weigh In On Invesco Global Clean Energy ETF

A number of institutional investors have recently modified their holdings of PBD. Jones Financial Companies Lllp increased its position in shares of Invesco Global Clean Energy ETF by 498.8% during the first quarter. Jones Financial Companies Lllp now owns 9,143 shares of the company’s stock worth $96,000 after buying an additional 7,616 shares during the period. Jane Street Group LLC grew its holdings in Invesco Global Clean Energy ETF by 281.5% during the 1st quarter. Jane Street Group LLC now owns 144,653 shares of the company’s stock worth $1,525,000 after acquiring an additional 106,735 shares during the period. Harel Insurance Investments & Financial Services Ltd. raised its position in shares of Invesco Global Clean Energy ETF by 32.0% in the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 90,084 shares of the company’s stock worth $1,135,000 after acquiring an additional 21,824 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in shares of Invesco Global Clean Energy ETF in the 2nd quarter valued at about $133,000. Finally, Ameriprise Financial Inc. boosted its position in shares of Invesco Global Clean Energy ETF by 3.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 103,900 shares of the company’s stock valued at $1,309,000 after purchasing an additional 3,079 shares in the last quarter.

About Invesco Global Clean Energy ETF

The Invesco Global Clean Energy ETF (PBD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of companies that focus on cleaner energy, weighted equally in tiers. PBD was launched on Jun 13, 2007 and is managed by Invesco.