Invesco Semiconductors ETF (NYSEARCA:PSI) Short Interest Update

Invesco Semiconductors ETF (NYSEARCA:PSI) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 71,597 shares, a growth of 37.1% from the November 30th total of 52,204 shares. Based on an average daily trading volume, of 83,597 shares, the short-interest ratio is presently 0.9 days. Approximately 0.6% of the company’s stock are short sold. Approximately 0.6% of the company’s stock are short sold. Based on an average daily trading volume, of 83,597 shares, the short-interest ratio is presently 0.9 days.

Invesco Semiconductors ETF Stock Down 1.7%

Shares of NYSEARCA PSI traded down $1.38 on Wednesday, reaching $78.86. 27,644 shares of the company’s stock traded hands, compared to its average volume of 60,911. The business’s 50 day simple moving average is $77.58 and its two-hundred day simple moving average is $68.95. Invesco Semiconductors ETF has a 12 month low of $37.64 and a 12 month high of $84.52. The company has a market cap of $981.81 million, a price-to-earnings ratio of 29.05 and a beta of 1.57.

Institutional Investors Weigh In On Invesco Semiconductors ETF

A number of institutional investors have recently modified their holdings of the stock. Harbor Asset Planning Inc. purchased a new position in shares of Invesco Semiconductors ETF in the 2nd quarter worth about $39,000. Simplex Trading LLC increased its stake in Invesco Semiconductors ETF by 818.3% during the 2nd quarter. Simplex Trading LLC now owns 753 shares of the company’s stock valued at $45,000 after purchasing an additional 671 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in Invesco Semiconductors ETF by 458.3% in the second quarter. Farther Finance Advisors LLC now owns 1,005 shares of the company’s stock worth $60,000 after buying an additional 825 shares during the last quarter. Allworth Financial LP purchased a new position in Invesco Semiconductors ETF in the third quarter worth about $134,000. Finally, Wealth Enhancement Advisory Services LLC bought a new position in shares of Invesco Semiconductors ETF in the second quarter worth approximately $202,000.

Invesco Semiconductors ETF Company Profile

PowerShares Dynamic Semiconductors Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Semiconductors Intellidex Index (the Index). The Index is designed to provide capital appreciation by evaluating companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors. The Index consists of stocks of 30 United States semiconductors companies. These are companies that are principally engaged in the manufacture of semiconductors.