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

Invesco Global Clean Energy ETF (NYSEARCA:PBD) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 247,101 shares, a growth of 124.2% from the April 15th total of 110,202 shares. Currently, 2.5% of the company’s stock are sold short. Based on an average daily trading volume, of 72,464 shares, the short-interest ratio is presently 3.4 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. AE Wealth Management LLC boosted its position in shares of Invesco Global Clean Energy ETF by 62,657.1% during the third quarter. AE Wealth Management LLC now owns 4,393 shares of the company’s stock worth $66,000 after buying an additional 4,386 shares during the period. O Shaughnessy Asset Management LLC bought a new stake in Invesco Global Clean Energy ETF during the fourth quarter worth about $92,000. Jones Financial Companies Lllp raised its holdings in Invesco Global Clean Energy ETF by 498.8% during the first quarter. Jones Financial Companies Lllp now owns 9,143 shares of the company’s stock worth $96,000 after acquiring an additional 7,616 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco Global Clean Energy ETF by 1,333.3% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 6,450 shares of the company’s stock worth $97,000 after acquiring an additional 6,000 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in Invesco Global Clean Energy ETF during the second quarter worth about $133,000.

Invesco Global Clean Energy ETF Price Performance

PBD stock opened at $21.23 on Friday. The stock has a market capitalization of $212.94 million, a P/E ratio of 19.47 and a beta of 1.33. The business has a 50-day moving average of $19.13 and a 200-day moving average of $17.73. Invesco Global Clean Energy ETF has a fifty-two week low of $11.50 and a fifty-two week high of $22.34.

Invesco Global Clean Energy ETF Company Profile

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.