Short Interest in Invesco S&P Global Water Index ETF (NYSEARCA:CGW) Drops By 71.7%

Invesco S&P Global Water Index ETF (NYSEARCA:CGW) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 5,049 shares, a decrease of 71.7% from the July 15th total of 17,839 shares. Based on an average trading volume of 24,805 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Trading of Invesco S&P Global Water Index ETF

Institutional investors have recently added to or reduced their stakes in the stock. Balanced Rock Investment Advisors LLC grew its position in Invesco S&P Global Water Index ETF by 1.5% during the fourth quarter. Balanced Rock Investment Advisors LLC now owns 11,162 shares of the company’s stock worth $703,000 after buying an additional 170 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of Invesco S&P Global Water Index ETF by 31.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 741 shares of the company’s stock worth $47,000 after acquiring an additional 176 shares during the period. Corient Private Wealth LLC grew its holdings in shares of Invesco S&P Global Water Index ETF by 2.9% in the 4th quarter. Corient Private Wealth LLC now owns 7,185 shares of the company’s stock worth $453,000 after acquiring an additional 204 shares during the period. Bleakley Financial Group LLC increased its stake in Invesco S&P Global Water Index ETF by 0.4% in the 4th quarter. Bleakley Financial Group LLC now owns 67,451 shares of the company’s stock valued at $4,250,000 after purchasing an additional 244 shares in the last quarter. Finally, Kestra Private Wealth Services LLC increased its stake in Invesco S&P Global Water Index ETF by 2.8% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 9,206 shares of the company’s stock valued at $591,000 after purchasing an additional 247 shares in the last quarter.

Invesco S&P Global Water Index ETF Stock Performance

Invesco S&P Global Water Index ETF stock traded down $0.20 during midday trading on Friday, reaching $65.43. The company’s stock had a trading volume of 12,280 shares, compared to its average volume of 35,577. Invesco S&P Global Water Index ETF has a fifty-two week low of $61.34 and a fifty-two week high of $68.92. The stock’s 50 day simple moving average is $64.78 and its 200 day simple moving average is $64.96. The firm has a market capitalization of $1.06 billion, a PE ratio of 21.45 and a beta of 0.91.

Invesco S&P Global Water Index ETF Company Profile

Guggenheim S&P Global Water Index ETF (the Fund), formerly Claymore S&P Global Water Index ETF seeks investment results that correspond generally to the performance of an equity index called the S&P Global Water NR Index. The S&P Global Water NR Index consists of approximately 50 equity securities selected based on investment and other criteria, from a universe of companies listed on global developed market exchanges. The Index is designed to have a balanced representation from different segments of the water industry consisting of two clusters: 25 water utilities and infrastructure companies and 25 water equipment and materials companies based upon Standard & Poor’s Capital IQ industry classification.