Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) Short Interest Up 35.2% in December

Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 591 shares, a growth of 35.2% from the December 15th total of 437 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 2,506 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 2,506 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

Invesco Bloomberg Pricing Power ETF Trading Down 0.0%

Shares of POWA traded down $0.02 on Friday, reaching $93.66. The company’s stock had a trading volume of 752 shares, compared to its average volume of 2,914. Invesco Bloomberg Pricing Power ETF has a twelve month low of $73.16 and a twelve month high of $93.79. The stock has a market capitalization of $196.69 million, a PE ratio of 26.20 and a beta of 0.83. The firm has a fifty day moving average of $90.86 and a 200-day moving average of $89.91.

Institutional Investors Weigh In On Invesco Bloomberg Pricing Power ETF

Institutional investors have recently bought and sold shares of the stock. CX Institutional bought a new position in Invesco Bloomberg Pricing Power ETF during the 3rd quarter valued at $66,000. PNC Financial Services Group Inc. purchased a new stake in shares of Invesco Bloomberg Pricing Power ETF in the third quarter valued at about $103,000. CWM LLC lifted its position in shares of Invesco Bloomberg Pricing Power ETF by 9.6% during the second quarter. CWM LLC now owns 1,559 shares of the company’s stock valued at $135,000 after purchasing an additional 136 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco Bloomberg Pricing Power ETF by 12.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,358 shares of the company’s stock valued at $204,000 after purchasing an additional 253 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new position in Invesco Bloomberg Pricing Power ETF during the third quarter worth about $415,000.

About Invesco Bloomberg Pricing Power ETF

The Invesco Bloomberg Pricing Power ETF (POWA) is an exchange-traded fund that is based on the Bloomberg Pricing Power index. The fund selects US large- and mid-cap stocks of companies considered well-positioned to maintain stable profit margins in all market conditions. Stocks satisfying a four factor screening process are included in the index, on an equal-weight basis POWA was launched on Dec 15, 2006 and is issued by Invesco.