Short Interest in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Rises By 48.9%

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) was the recipient of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 990 shares, a growth of 48.9% from the February 26th total of 665 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 1,001 shares, the days-to-cover ratio is presently 1.0 days.

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

Several institutional investors and hedge funds have recently modified their holdings of the company. Sound Income Strategies LLC acquired a new stake in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the fourth quarter worth $26,000. Raymond James Financial Inc. purchased a new stake in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the 2nd quarter valued at about $81,000. Jones Financial Companies Lllp purchased a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 1st quarter valued at about $149,000. Goldman Sachs Group Inc. acquired a new stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the 4th quarter valued at approximately $245,000. Finally, Advisory Services Network LLC bought a new stake in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 3rd quarter worth about $375,000.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Stock Performance

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF stock opened at $93.24 on Monday. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF has a twelve month low of $76.23 and a twelve month high of $110.43. The stock has a 50 day moving average of $102.37 and a two-hundred day moving average of $101.53. The stock has a market capitalization of $22.38 million, a price-to-earnings ratio of 24.30 and a beta of 1.30.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a $0.0985 dividend. The ex-dividend date was Monday, March 23rd. This represents a $0.39 dividend on an annualized basis and a dividend yield of 0.4%.

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. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index consists of stocks of 60 United States consumer companies. These are companies that are principally engaged in the businesses of providing consumer goods and services that are cyclical in nature, including retail, automotive, leisure and recreation, media and real estate.