Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Short Interest Update

Invesco CEF Income Composite ETF (NYSEARCA:PCEF) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 107,659 shares, a growth of 221.9% from the February 26th total of 33,450 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 166,434 shares, the short-interest ratio is presently 0.6 days.

Institutional Trading of Invesco CEF Income Composite ETF

Several large investors have recently added to or reduced their stakes in PCEF. Royal Bank of Canada raised its position in Invesco CEF Income Composite ETF by 62.4% in the fourth quarter. Royal Bank of Canada now owns 3,044,256 shares of the company’s stock worth $60,520,000 after acquiring an additional 1,169,654 shares during the period. Larson Financial Group LLC increased its holdings in shares of Invesco CEF Income Composite ETF by 55.9% in the 3rd quarter. Larson Financial Group LLC now owns 892,450 shares of the company’s stock worth $17,822,000 after buying an additional 320,067 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of Invesco CEF Income Composite ETF by 13.6% in the 2nd quarter. Raymond James Financial Inc. now owns 1,152,972 shares of the company’s stock valued at $22,529,000 after purchasing an additional 137,590 shares during the last quarter. Sykon Capital LLC boosted its stake in Invesco CEF Income Composite ETF by 76.4% during the third quarter. Sykon Capital LLC now owns 169,758 shares of the company’s stock worth $3,390,000 after buying an additional 73,543 shares during the period. Finally, Intrua Financial LLC boosted its position in shares of Invesco CEF Income Composite ETF by 12.2% during the third quarter. Intrua Financial LLC now owns 528,169 shares of the company’s stock valued at $10,548,000 after buying an additional 57,317 shares during the period.

Invesco CEF Income Composite ETF Stock Performance

Shares of NYSEARCA:PCEF opened at $18.65 on Friday. The firm has a market cap of $763.53 million, a price-to-earnings ratio of 23.11 and a beta of 0.78. Invesco CEF Income Composite ETF has a fifty-two week low of $16.35 and a fifty-two week high of $20.30. The business has a 50-day simple moving average of $19.82 and a two-hundred day simple moving average of $19.88.

Invesco CEF Income Composite ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 23rd were paid a dividend of $0.13 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.4%. The ex-dividend date was Monday, February 23rd.

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).