Invesco Global Clean Energy ETF (NYSEARCA:PBD) Short Interest Update

Invesco Global Clean Energy ETF (NYSEARCA:PBD) was the target of a large increase in short interest in February. As of February 27th, there was short interest totaling 112,557 shares, an increase of 541.8% from the February 12th total of 17,537 shares. Currently, 1.1% of the shares of the stock are short sold. Based on an average daily volume of 52,531 shares, the short-interest ratio is presently 2.1 days. Based on an average daily volume of 52,531 shares, the short-interest ratio is presently 2.1 days. Currently, 1.1% of the shares of the stock are short sold.

Institutional Trading of Invesco Global Clean Energy ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PBD. Jones Financial Companies Lllp lifted its position in shares of Invesco Global Clean Energy ETF by 498.8% in the 1st quarter. Jones Financial Companies Lllp now owns 9,143 shares of the company’s stock worth $96,000 after purchasing an additional 7,616 shares during the period. Jane Street Group LLC lifted its holdings in shares of Invesco Global Clean Energy ETF by 281.5% in the 1st quarter. Jane Street Group LLC now owns 144,653 shares of the company’s stock worth $1,525,000 after purchasing an additional 106,735 shares in the last quarter. Flow Traders U.S. LLC bought a new position in shares of Invesco Global Clean Energy ETF in the 2nd quarter worth $133,000. Ameriprise Financial Inc. grew its position in Invesco Global Clean Energy ETF by 3.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 103,900 shares of the company’s stock valued at $1,309,000 after purchasing an additional 3,079 shares during the period. Finally, Bank of America Corp DE grew its position in Invesco Global Clean Energy ETF by 30.4% in the 2nd quarter. Bank of America Corp DE now owns 11,643 shares of the company’s stock valued at $147,000 after purchasing an additional 2,714 shares during the period.

Invesco Global Clean Energy ETF Price Performance

PBD remained flat at $17.53 during midday trading on Tuesday. The company’s stock had a trading volume of 139,604 shares, compared to its average volume of 67,752. The business has a fifty day moving average price of $17.69 and a 200 day moving average price of $16.41. Invesco Global Clean Energy ETF has a 52-week low of $9.02 and a 52-week high of $18.89. The firm has a market capitalization of $180.21 million, a price-to-earnings ratio of 19.47 and a beta of 1.37.

About Invesco Global Clean Energy ETF

The Invesco Global Clean Energy ETF (PBD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of companies that focus on cleaner energy, weighted equally in tiers. PBD was launched on Jun 13, 2007 and is managed by Invesco.