Invesco Global Clean Energy ETF (NYSEARCA:PBD) Short Interest Update

Invesco Global Clean Energy ETF (NYSEARCA:PBD) was the recipient of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 247,101 shares, an increase of 124.2% from the April 15th total of 110,202 shares. Based on an average trading volume of 72,464 shares, the short-interest ratio is currently 3.4 days. Currently, 2.5% of the company’s shares are sold short.

Invesco Global Clean Energy ETF Trading Down 2.4%

NYSEARCA:PBD opened at $21.23 on Friday. Invesco Global Clean Energy ETF has a 1 year low of $11.50 and a 1 year high of $22.34. The stock has a market cap of $212.94 million, a price-to-earnings ratio of 19.47 and a beta of 1.33. The stock has a 50-day moving average price of $19.13 and a two-hundred day moving average price of $17.73.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Cetera Investment Advisers grew its stake in Invesco Global Clean Energy ETF by 571.4% in the first quarter. Cetera Investment Advisers now owns 117,075 shares of the company’s stock valued at $2,099,000 after acquiring an additional 99,637 shares during the period. Independent Financial Group LLC acquired a new position in shares of Invesco Global Clean Energy ETF during the first quarter worth about $462,000. Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of Invesco Global Clean Energy ETF by 11.6% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 148,261 shares of the company’s stock worth $2,658,000 after buying an additional 15,429 shares during the period. PFG Investments LLC acquired a new position in shares of Invesco Global Clean Energy ETF during the first quarter worth about $206,000. Finally, Private Advisor Group LLC boosted its position in shares of Invesco Global Clean Energy ETF by 6.5% during the first quarter. Private Advisor Group LLC now owns 28,640 shares of the company’s stock worth $514,000 after buying an additional 1,756 shares during the period.

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.