Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) Short Interest Up 237.8% in February

Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) was the target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 2,133,322 shares, a growth of 237.8% from the February 12th total of 631,495 shares. Based on an average daily trading volume, of 1,268,739 shares, the short-interest ratio is presently 1.7 days. Currently, 10.1% of the shares of the company are sold short. Currently, 10.1% of the shares of the company are sold short. Based on an average daily trading volume, of 1,268,739 shares, the short-interest ratio is presently 1.7 days.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Bartlett & CO. Wealth Management LLC purchased a new position in Invesco WilderHill Clean Energy ETF during the fourth quarter valued at approximately $27,000. JPMorgan Chase & Co. grew its stake in shares of Invesco WilderHill Clean Energy ETF by 42.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,415 shares of the company’s stock worth $28,000 after purchasing an additional 425 shares during the period. Allworth Financial LP increased its holdings in shares of Invesco WilderHill Clean Energy ETF by 1,095.9% during the 2nd quarter. Allworth Financial LP now owns 1,746 shares of the company’s stock valued at $35,000 after purchasing an additional 1,600 shares in the last quarter. Johnson Financial Group Inc. acquired a new position in shares of Invesco WilderHill Clean Energy ETF in the 2nd quarter valued at $42,000. Finally, Advisors Preferred LLC acquired a new position in shares of Invesco WilderHill Clean Energy ETF in the 3rd quarter valued at $42,000.

Invesco WilderHill Clean Energy ETF Stock Performance

Shares of NYSEARCA PBW traded down $0.65 during mid-day trading on Thursday, hitting $32.39. The stock had a trading volume of 724,667 shares, compared to its average volume of 1,071,485. The company has a 50 day moving average of $33.81 and a two-hundred day moving average of $31.52. Invesco WilderHill Clean Energy ETF has a twelve month low of $13.19 and a twelve month high of $36.58. The firm has a market cap of $681.16 million, a PE ratio of 0.93 and a beta of 1.77.

Invesco WilderHill Clean Energy ETF Company Profile

The Invesco WilderHill Clean Energy ETF (PBW) is an exchange-traded fund that is based on the The WilderHill Clean Energy (AMEX) index. The fund tracks a modified equal-weighted index of companies involved in cleaner energy sources or energy conservation. PBW was launched on Mar 3, 2005 and is managed by Invesco.