Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Short Interest Down 37.7% in August

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) was the recipient of a large drop in short interest during the month of August. As of August 31st, there was short interest totalling 4,800 shares, a drop of 37.7% from the August 15th total of 7,700 shares. Based on an average trading volume of 4,600 shares, the short-interest ratio is presently 1.0 days.

Institutional Investors Weigh In On Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. SPC Financial Inc. lifted its stake in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 1.8% during the 2nd quarter. SPC Financial Inc. now owns 9,888 shares of the company’s stock worth $949,000 after acquiring an additional 178 shares during the last quarter. Commonwealth Equity Services LLC purchased a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the 2nd quarter worth $497,000. Cambridge Investment Research Advisors Inc. increased its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 42.1% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 18,210 shares of the company’s stock worth $1,747,000 after purchasing an additional 5,394 shares during the period. Genesee Capital Advisors LLC increased its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 15.0% during the 2nd quarter. Genesee Capital Advisors LLC now owns 17,172 shares of the company’s stock worth $1,647,000 after purchasing an additional 2,243 shares during the period. Finally, Janney Montgomery Scott LLC increased its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 19.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 81,516 shares of the company’s stock worth $7,870,000 after purchasing an additional 13,141 shares during the period.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Trading Up 0.4 %

Shares of PEZ stock traded up $0.41 on Monday, reaching $100.44. 806 shares of the company’s stock were exchanged, compared to its average volume of 5,507. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF has a 52 week low of $58.93 and a 52 week high of $102.33. The stock has a market capitalization of $75.33 million, a PE ratio of 19.95 and a beta of 1.29. The company’s fifty day simple moving average is $96.21 and its 200 day simple moving average is $94.53.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Company Profile

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.