Short Interest in Invesco China Technology ETF (NYSEARCA:CQQQ) Decreases By 67.5%

Invesco China Technology ETF (NYSEARCA:CQQQ) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 135,486 shares, a decline of 67.5% from the December 15th total of 416,767 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 806,168 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 806,168 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the shares of the company are short sold.

Invesco China Technology ETF Stock Up 0.8%

Invesco China Technology ETF stock traded up $0.46 during mid-day trading on Wednesday, reaching $57.39. The company had a trading volume of 2,045,780 shares, compared to its average volume of 1,839,608. Invesco China Technology ETF has a 52 week low of $35.62 and a 52 week high of $61.20. The company has a 50 day moving average of $53.27 and a 200-day moving average of $52.33. The firm has a market cap of $3.12 billion, a price-to-earnings ratio of 20.61 and a beta of 0.43.

Institutional Trading of Invesco China Technology ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Royal Bank of Canada boosted its stake in Invesco China Technology ETF by 1,936.5% during the first quarter. Royal Bank of Canada now owns 207,501 shares of the company’s stock worth $9,193,000 after buying an additional 197,312 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Invesco China Technology ETF by 3.0% during the first quarter. Goldman Sachs Group Inc. now owns 193,643 shares of the company’s stock valued at $8,580,000 after purchasing an additional 5,640 shares in the last quarter. Focus Partners Wealth bought a new stake in shares of Invesco China Technology ETF in the 1st quarter valued at approximately $597,000. Farther Finance Advisors LLC bought a new stake in shares of Invesco China Technology ETF in the 2nd quarter valued at approximately $142,000. Finally, Banque Pictet & Cie SA raised its holdings in shares of Invesco China Technology ETF by 18.9% in the 2nd quarter. Banque Pictet & Cie SA now owns 132,687 shares of the company’s stock worth $5,871,000 after buying an additional 21,121 shares in the last quarter.

About Invesco China Technology ETF

Guggenheim China Technology ETF (the Fund), formerly Claymore China Technology ETF, seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called the AlphaShares China Technology Index (the Index). The Fund will invest at least 80% of its total assets in common stock, American depositary receipts (ADRs), American depositary shares (ADSs), global depositary receipts (GDRs) and international depositary receipts (IDRs) that comprise the Index and depositary receipts or shares representing common stocks included in the Index (or underlying securities representing ADRs, ADSs, GDRs and IDRs included in the Index).