Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Short Interest Update

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 483 shares, a decline of 84.9% from the December 15th total of 3,204 shares. Based on an average trading volume of 794 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.2% of the shares of the company are short sold. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 794 shares, the days-to-cover ratio is currently 0.6 days.

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

A number of institutional investors and hedge funds have recently modified their holdings of PEZ. Silver Oak Securities Incorporated bought a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the third quarter valued at about $2,540,000. Bank of America Corp DE grew its stake in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 1.2% during the 2nd quarter. Bank of America Corp DE now owns 24,768 shares of the company’s stock valued at $2,464,000 after purchasing an additional 282 shares during the period. Osaic Holdings Inc. increased its position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 4.8% during the 2nd quarter. Osaic Holdings Inc. now owns 13,411 shares of the company’s stock valued at $1,334,000 after purchasing an additional 616 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 4.3% in the first quarter. Goldman Sachs Group Inc. now owns 12,078 shares of the company’s stock worth $1,039,000 after buying an additional 501 shares during the last quarter. Finally, SPC Financial Inc. bought a new stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the third quarter valued at approximately $967,000.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Price Performance

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF stock traded down $0.55 during midday trading on Monday, reaching $109.35. 742 shares of the company traded hands, compared to its average volume of 2,177. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF has a 12 month low of $76.23 and a 12 month high of $110.43. The business has a 50 day moving average of $101.33 and a two-hundred day moving average of $100.33. The firm has a market capitalization of $27.34 million, a price-to-earnings ratio of 24.30 and a beta of 1.30.

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.