Short Interest in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Decreases By 16.6%

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) was the target of a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 665 shares, a decline of 16.6% from the February 12th total of 797 shares. Based on an average daily volume of 747 shares, the short-interest ratio is presently 0.9 days. Approximately 0.3% of the company’s shares are sold short. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 747 shares, the short-interest ratio is presently 0.9 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Jones Financial Companies Lllp bought a new stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 1st quarter valued at $149,000. Goldman Sachs Group Inc. grew its position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 4.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 12,078 shares of the company’s stock worth $1,039,000 after purchasing an additional 501 shares in the last quarter. Raymond James Financial Inc. bought a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the 2nd quarter worth $81,000. Bank of America Corp DE increased its stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 1.2% in the second quarter. Bank of America Corp DE now owns 24,768 shares of the company’s stock valued at $2,464,000 after acquiring an additional 282 shares during the last quarter. Finally, Osaic Holdings Inc. lifted its stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 4.8% during the second quarter. Osaic Holdings Inc. now owns 13,411 shares of the company’s stock worth $1,334,000 after purchasing an additional 616 shares during the last quarter.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Trading Up 1.9%

Shares of PEZ stock traded up $1.81 on Monday, hitting $97.09. The stock had a trading volume of 1,625 shares, compared to its average volume of 1,097. The firm has a market cap of $23.30 million, a P/E ratio of 24.30 and a beta of 1.30. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF has a twelve month low of $76.23 and a twelve month high of $110.43. The company has a fifty day moving average price of $104.91 and a two-hundred day moving average price of $101.90.

About Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

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.