Short Interest in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Rises By 2,300.0%

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) was the recipient of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 2,400 shares, a growth of 2,300.0% from the May 15th total of 100 shares. Based on an average daily trading volume, of 8,500 shares, the short-interest ratio is presently 0.3 days. Approximately 0.4% of the company’s stock are sold short.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Price Performance

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF stock opened at $94.16 on Thursday. The firm has a market capitalization of $55.55 million, a PE ratio of 24.31 and a beta of 1.29. The company’s 50-day moving average is $88.51 and its 200-day moving average is $95.66. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF has a fifty-two week low of $76.23 and a fifty-two week high of $113.42.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of PEZ. Global Retirement Partners LLC acquired a new position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the 4th quarter worth about $25,000. Concurrent Investment Advisors LLC acquired a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 4th quarter valued at about $438,000. SPC Financial Inc. boosted its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 1.1% in the 4th quarter. SPC Financial Inc. now owns 9,701 shares of the company’s stock valued at $958,000 after purchasing an additional 102 shares during the period. Harbour Investments Inc. acquired a new position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the 4th quarter worth $49,000. Finally, LPL Financial LLC raised its holdings in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 13.4% during the 4th quarter. LPL Financial LLC now owns 12,573 shares of the company’s stock worth $1,242,000 after buying an additional 1,485 shares in the last quarter.

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.