Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) Short Interest Update

Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 17,066 shares, an increase of 651.5% from the June 30th total of 2,271 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average trading volume of 30,302 shares, the short-interest ratio is presently 0.6 days.

Invesco Energy Exploration & Production ETF Stock Performance

Shares of NYSEARCA:PXE opened at $37.95 on Monday. Invesco Energy Exploration & Production ETF has a 12-month low of $27.21 and a 12-month high of $40.74. The company has a market capitalization of $88.04 million, a PE ratio of 10.78 and a beta of 0.48. The business has a 50 day moving average of $35.78 and a two-hundred day moving average of $34.72.

Hedge Funds Weigh In On Invesco Energy Exploration & Production ETF

Institutional investors have recently made changes to their positions in the company. Foundations Investment Advisors LLC purchased a new stake in Invesco Energy Exploration & Production ETF during the fourth quarter worth $5,476,000. Clal Insurance Enterprises Holdings Ltd purchased a new position in Invesco Energy Exploration & Production ETF in the first quarter valued at $1,176,000. Private Advisor Group LLC purchased a new position in Invesco Energy Exploration & Production ETF in the first quarter valued at $233,000. Mraz Amerine & Associates Inc. raised its position in shares of Invesco Energy Exploration & Production ETF by 4.8% in the fourth quarter. Mraz Amerine & Associates Inc. now owns 55,902 shares of the company’s stock worth $1,562,000 after acquiring an additional 2,556 shares during the period. Finally, PCG Wealth Advisors LLC acquired a new position in shares of Invesco Energy Exploration & Production ETF in the third quarter worth about $398,000.

About Invesco Energy Exploration & Production ETF

PowerShares Dynamic Energy Exploration & Production Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Energy Exploration & Production 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. Securities shown to possess the greatest capital appreciation potential are selected by the Index. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.