Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Stock Short Interest Report for October

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 869 shares, an increase of 64.0% from the September 30th total of 530 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average trading volume of 259 shares, the short-interest ratio is currently 3.4 days.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Genesee Capital Advisors LLC bought a new stake in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the 3rd quarter worth $254,000. Integrated Wealth Concepts LLC acquired a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 2nd quarter valued at $107,000. Bank of America Corp DE grew its stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 3.2% in the 1st quarter. Bank of America Corp DE now owns 25,825 shares of the company’s stock valued at $2,491,000 after buying an additional 807 shares during the last quarter. Cetera Investment Advisers raised its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 3.2% in the 1st quarter. Cetera Investment Advisers now owns 10,287 shares of the company’s stock worth $992,000 after acquiring an additional 323 shares during the period. Finally, Fifth Third Bancorp bought a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 1st quarter worth $241,000.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Stock Performance

Shares of PEZ stock opened at $101.11 on Tuesday. The stock’s 50 day simple moving average is $96.16 and its 200 day simple moving average is $99.91. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF has a twelve month low of $90.81 and a twelve month high of $110.43. The company has a market capitalization of $22.24 million, a price-to-earnings ratio of 24.30 and a beta of 1.16.

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.