Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Sees Significant Growth in Short Interest

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 1,900 shares, a growth of 375.0% from the December 15th total of 400 shares. Based on an average daily volume of 3,300 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Transamerica Financial Advisors Inc. boosted its position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 0.3% during the 3rd quarter. Transamerica Financial Advisors Inc. now owns 146,405 shares of the company’s stock valued at $15,235,000 after acquiring an additional 397 shares during the last quarter. Silver Oak Securities Incorporated boosted its holdings in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 65.2% in the 3rd quarter. Silver Oak Securities Incorporated now owns 21,791 shares of the company’s stock worth $2,270,000 after purchasing an additional 8,602 shares in the last quarter. Financial Management Professionals Inc. bought a new position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the 3rd quarter valued at about $1,743,000. SPC Financial Inc. raised its holdings in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 1.8% during the 2nd quarter. SPC Financial Inc. now owns 9,888 shares of the company’s stock valued at $949,000 after buying an additional 178 shares in the last quarter. Finally, Commonwealth Equity Services LLC bought a new stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 2nd quarter worth approximately $497,000.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Stock Performance

NASDAQ PEZ traded up $0.68 during trading hours on Tuesday, hitting $97.67. The company had a trading volume of 15,653 shares, compared to its average volume of 5,082. The firm has a 50 day simple moving average of $105.12 and a 200 day simple moving average of $101.09. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF has a 52 week low of $80.09 and a 52 week high of $113.42. The firm has a market capitalization of $67.39 million, a price-to-earnings ratio of 19.95 and a beta of 1.29.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Company Profile

PowerShares Dynamic Consumer Discretionary Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Discretionary Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer companies.