Invesco Global Clean Energy ETF (NYSEARCA:PBD) Sees Significant Decrease in Short Interest

Invesco Global Clean Energy ETF (NYSEARCA:PBD) saw a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 96,098 shares, a decrease of 15.7% from the March 15th total of 114,035 shares. Based on an average trading volume of 62,609 shares, the days-to-cover ratio is presently 1.5 days. Approximately 1.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Invesco Global Clean Energy ETF

A number of large investors have recently bought and sold shares of the business. AE Wealth Management LLC increased its holdings in shares of Invesco Global Clean Energy ETF by 62,657.1% in the third quarter. AE Wealth Management LLC now owns 4,393 shares of the company’s stock valued at $66,000 after purchasing an additional 4,386 shares during the period. O Shaughnessy Asset Management LLC purchased a new stake in Invesco Global Clean Energy ETF in the fourth quarter valued at approximately $92,000. Northwestern Mutual Wealth Management Co. increased its holdings in Invesco Global Clean Energy ETF by 1,333.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 6,450 shares of the company’s stock worth $97,000 after buying an additional 6,000 shares during the period. Jones Financial Companies Lllp lifted its stake in Invesco Global Clean Energy ETF by 498.8% during the 1st quarter. Jones Financial Companies Lllp now owns 9,143 shares of the company’s stock valued at $96,000 after acquiring an additional 7,616 shares during the period. Finally, Flow Traders U.S. LLC purchased a new stake in shares of Invesco Global Clean Energy ETF in the 2nd quarter valued at $133,000.

Invesco Global Clean Energy ETF Price Performance

NYSEARCA PBD traded up $0.19 during trading on Friday, reaching $19.82. 47,275 shares of the company’s stock traded hands, compared to its average volume of 60,258. Invesco Global Clean Energy ETF has a 12-month low of $10.08 and a 12-month high of $20.02. The firm has a market cap of $198.79 million, a price-to-earnings ratio of 19.47 and a beta of 1.25. The company’s 50 day simple moving average is $18.12 and its two-hundred day simple moving average is $17.07.

Invesco Global Clean Energy ETF Company Profile

The Invesco Global Clean Energy ETF (PBD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of companies that focus on cleaner energy, weighted equally in tiers. PBD was launched on Jun 13, 2007 and is managed by Invesco.