Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Short Interest Down 28.6% in February

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) was the target of a large decline in short interest in February. As of February 15th, there was short interest totalling 1,500 shares, a decline of 28.6% from the January 31st total of 2,100 shares. Based on an average daily volume of 3,600 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

A number of hedge funds have recently bought and sold shares of the stock. Global Retirement Partners LLC purchased a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the fourth quarter valued at about $25,000. Harbour Investments Inc. bought a new stake in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 4th quarter valued at about $49,000. Advisory Services Network LLC purchased a new position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 4th quarter worth approximately $209,000. Cetera Investment Advisers bought a new position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the 4th quarter worth approximately $268,000. Finally, GeoWealth Management LLC raised its stake in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 44.3% during the 4th quarter. GeoWealth Management LLC now owns 4,169 shares of the company’s stock worth $412,000 after acquiring an additional 1,279 shares in the last quarter.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Trading Up 0.9 %

Shares of PEZ traded up $0.88 during mid-day trading on Wednesday, hitting $93.67. The company’s stock had a trading volume of 3,943 shares, compared to its average volume of 3,632. The company’s 50-day moving average is $101.62 and its 200-day moving average is $103.03. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF has a 52-week low of $85.78 and a 52-week high of $113.42. The firm has a market capitalization of $64.63 million, a price-to-earnings ratio of 28.64 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.