Short Interest in Invesco Building & Construction ETF (NYSEARCA:PKB) Decreases By 75.7%

Invesco Building & Construction ETF (NYSEARCA:PKB) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 972 shares, a decline of 75.7% from the July 30th total of 4,000 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 92,813 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of PKB. Glenmede Trust Co. NA purchased a new stake in shares of Invesco Building & Construction ETF during the first quarter worth about $28,000. one8zero8 LLC bought a new stake in shares of Invesco Building & Construction ETF during the fourth quarter valued at approximately $31,000. Steward Partners Investment Advisory LLC purchased a new position in shares of Invesco Building & Construction ETF in the fourth quarter worth $46,000. Fifth Third Bancorp bought a new position in shares of Invesco Building & Construction ETF during the first quarter worth $52,000. Finally, Western Wealth Management LLC purchased a new position in Invesco Building & Construction ETF during the first quarter valued at $97,000.

Invesco Building & Construction ETF Trading Down 1.4%

Invesco Building & Construction ETF stock opened at $98.00 on Friday. Invesco Building & Construction ETF has a 12-month low of $88.88 and a 12-month high of $115.81. The firm has a market capitalization of $420.42 million, a price-to-earnings ratio of 21.37 and a beta of 1.28. The firm has a 50 day moving average of $104.21 and a 200 day moving average of $103.99.

About Invesco Building & Construction ETF

PowerShares Dynamic Building & Construction Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Building & Construction Intellidex Index (the Index). The Index evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors. The Index consists of stocks of 30 United States building and construction companies. These are companies that are primarily engaged in providing construction and related engineering services for building and remodeling residential properties, commercial or industrial buildings, or working on large-scale infrastructure projects, such as highways, tunnels, bridges, dams, power lines and airports.