Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Stock Short Interest Report for September

Invesco CEF Income Composite ETF (NYSEARCA:PCEF) saw a significant increase in short interest in September. As of September 30th, there was short interest totaling 330,681 shares, an increase of 78.6% from the September 15th total of 185,188 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average trading volume of 126,745 shares, the days-to-cover ratio is currently 2.6 days.

Institutional Investors Weigh In On Invesco CEF Income Composite ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Invesco CEF Income Composite ETF in the 2nd quarter valued at $25,000. Integrated Wealth Concepts LLC purchased a new stake in Invesco CEF Income Composite ETF during the second quarter worth $49,000. Ascentis Independent Advisors purchased a new stake in Invesco CEF Income Composite ETF during the first quarter worth $95,000. Western Wealth Management LLC acquired a new stake in Invesco CEF Income Composite ETF during the first quarter valued at $154,000. Finally, GAMMA Investing LLC grew its position in Invesco CEF Income Composite ETF by 129.6% during the second quarter. GAMMA Investing LLC now owns 13,027 shares of the company’s stock valued at $265,000 after buying an additional 7,354 shares during the period.

Invesco CEF Income Composite ETF Price Performance

PCEF stock traded down $0.19 during trading on Friday, hitting $19.18. 189,209 shares of the company traded hands, compared to its average volume of 135,922. Invesco CEF Income Composite ETF has a 1 year low of $18.30 and a 1 year high of $20.60. The company has a market cap of $750.90 million, a PE ratio of 23.11 and a beta of 0.77. The stock’s 50-day simple moving average is $19.90 and its 200 day simple moving average is $19.93.

Invesco CEF Income Composite ETF Company Profile

PowerShares CEF Income Composite Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the S-Network Composite Closed-End Fund Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of funds included in the Index. The Index tracks the overall performance of a global universe of United States listed closed-end funds that are organized under the laws of the United States selected by S-Network Global Indexes LLC (the Index Provider).