Short Interest in Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) Grows By 18.7%

Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) was the recipient of a significant growth in short interest in February. As of February 27th, there was short interest totaling 24,058 shares, a growth of 18.7% from the February 12th total of 20,263 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 22,988 shares, the short-interest ratio is currently 1.0 days. Based on an average daily volume of 22,988 shares, the short-interest ratio is currently 1.0 days. Approximately 0.5% of the shares of the company are sold short.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Advisory Services Network LLC increased its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF by 3.5% in the 4th quarter. Advisory Services Network LLC now owns 8,349 shares of the company’s stock valued at $639,000 after purchasing an additional 284 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of Invesco Dorsey Wright Technology Momentum ETF by 1.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 32,444 shares of the company’s stock valued at $2,427,000 after acquiring an additional 312 shares during the period. Orion Porfolio Solutions LLC boosted its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 9.1% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 3,853 shares of the company’s stock worth $288,000 after acquiring an additional 322 shares in the last quarter. Centaurus Financial Inc. grew its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF by 10.8% in the 3rd quarter. Centaurus Financial Inc. now owns 3,605 shares of the company’s stock worth $270,000 after acquiring an additional 350 shares during the period. Finally, SPC Financial Inc. increased its stake in Invesco Dorsey Wright Technology Momentum ETF by 2.6% in the 3rd quarter. SPC Financial Inc. now owns 15,015 shares of the company’s stock valued at $1,123,000 after purchasing an additional 384 shares in the last quarter.

Invesco Dorsey Wright Technology Momentum ETF Stock Performance

PTF traded up $3.22 during trading on Monday, reaching $90.21. The company’s stock had a trading volume of 38,117 shares, compared to its average volume of 35,155. The company’s fifty day moving average price is $87.07 and its 200-day moving average price is $80.23. Invesco Dorsey Wright Technology Momentum ETF has a 52-week low of $49.57 and a 52-week high of $96.34. The company has a market capitalization of $426.69 million, a price-to-earnings ratio of 32.05 and a beta of 1.49.

About Invesco Dorsey Wright Technology Momentum ETF

PowerShares Dynamic Technology Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Technology Sector Intellidex Index (the Index). The Index consists of stocks of the United States technology companies. These are companies that are principally engaged in the business of providing technology-related products and services, including computer hardware and software, Internet, electronics and semiconductors, and communication technologies.