Invesco S&P 500 BuyWrite ETF (BATS:PBP) Stock Short Interest Report for October

Invesco S&P 500 BuyWrite ETF (BATS:PBP – Get Free Report) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 79,709 shares, an increase of 198.4% from the September 30th total of 26,710 shares. Based on an average daily trading volume, of 62,612 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.5% of the shares of the stock are sold short.

Invesco S&P 500 BuyWrite ETF Price Performance

Shares of BATS:PBP opened at $23.35 on Thursday. The company’s fifty day moving average price is $23.32 and its 200-day moving average price is $22.89. The firm has a market capitalization of $361.93 million, a price-to-earnings ratio of 25.96 and a beta of 0.49. Invesco S&P 500 BuyWrite ETF has a one year low of $21.46 and a one year high of $23.57.

Institutional Trading of Invesco S&P 500 BuyWrite ETF

Hedge funds have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC raised its position in Invesco S&P 500 BuyWrite ETF by 8.9% during the 1st quarter. Kestra Advisory Services LLC now owns 11,562 shares of the company’s stock valued at $254,000 after purchasing an additional 941 shares during the last quarter. Rockefeller Capital Management L.P. grew its position in shares of Invesco S&P 500 BuyWrite ETF by 219.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,534 shares of the company’s stock worth $35,000 after buying an additional 1,054 shares during the last quarter. BTG Pactual Asset Management US LLC bought a new stake in shares of Invesco S&P 500 BuyWrite ETF in the 2nd quarter worth approximately $28,000. Physician Wealth Advisors Inc. bought a new stake in shares of Invesco S&P 500 BuyWrite ETF in the 3rd quarter worth approximately $31,000. Finally, Citizens Financial Group Inc. RI grew its position in shares of Invesco S&P 500 BuyWrite ETF by 15.8% in the 1st quarter. Citizens Financial Group Inc. RI now owns 13,588 shares of the company’s stock worth $299,000 after buying an additional 1,859 shares during the last quarter.

About Invesco S&P 500 BuyWrite ETF

(Get Free Report)

The Invesco S&P 500 BuyWrite ETF (PBP) is an exchange-traded fund that is based on the Cboe S&P 500 BuyWrite index. The fund tracks an index that uses a covered-call strategy to provide long exposure to the S&P 500 and selling call options thereon. PBP was launched on Dec 20, 2007 and is managed by Invesco.

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