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

Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 2,400 shares, adropof80.8% from the July 15th total of 12,500 shares. Approximately0.1% of the shares of the company are short sold. Based on an average trading volume of 22,500 shares, the short-interest ratio is currently 0.1 days. Based on an average trading volume of 22,500 shares, the short-interest ratio is currently 0.1 days. Approximately0.1% of the shares of the company are short sold.

Invesco Energy Exploration & Production ETF Trading Down 0.4%

Shares of PXE stock opened at $27.96 on Friday. The firm has a market capitalization of $68.22 million, a P/E ratio of 10.78 and a beta of 1.83. Invesco Energy Exploration & Production ETF has a 1 year low of $22.19 and a 1 year high of $32.84. The firm’s fifty day simple moving average is $28.68 and its 200 day simple moving average is $27.91.

Hedge Funds Weigh In On Invesco Energy Exploration & Production ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in PXE. Creative Financial Designs Inc. ADV increased its stake in Invesco Energy Exploration & Production ETF by 986.5% in the second quarter. Creative Financial Designs Inc. ADV now owns 1,130 shares of the company’s stock valued at $32,000 after acquiring an additional 1,026 shares during the period. Atlantic Union Bankshares Corp bought a new position in Invesco Energy Exploration & Production ETF during the second quarter worth about $104,000. Two Sigma Investments LP acquired a new stake in Invesco Energy Exploration & Production ETF during the fourth quarter valued at approximately $391,000. Global Retirement Partners LLC bought a new stake in shares of Invesco Energy Exploration & Production ETF in the 2nd quarter valued at approximately $422,000. Finally, NewEdge Advisors LLC grew its stake in shares of Invesco Energy Exploration & Production ETF by 9.6% in the 4th quarter. NewEdge Advisors LLC now owns 25,603 shares of the company’s stock valued at $758,000 after purchasing an additional 2,235 shares during the period.

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.