Short Interest in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Drops By 29.2%

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totalling 3,400 shares, a decline of 29.2% from the August 31st total of 4,800 shares. Based on an average daily trading volume, of 4,600 shares, the days-to-cover ratio is currently 0.7 days.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Trading Up 0.5 %

Shares of PEZ stock traded up $0.54 during trading hours on Friday, reaching $104.17. 1,346 shares of the company’s stock were exchanged, compared to its average volume of 5,351. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF has a 1 year low of $58.93 and a 1 year high of $104.30. The stock has a market cap of $78.13 million, a PE ratio of 19.95 and a beta of 1.29. The stock’s fifty day moving average price is $97.50 and its two-hundred day moving average price is $95.27.

Institutional Trading of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

Several large investors have recently bought and sold shares of the stock. Commonwealth Equity Services LLC purchased a new stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the 2nd quarter valued at about $497,000. Scotia Capital Inc. purchased a new stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the fourth quarter valued at approximately $517,000. SPC Financial Inc. increased its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 4.5% in the 1st quarter. SPC Financial Inc. now owns 9,710 shares of the company’s stock worth $937,000 after buying an additional 416 shares during the period. Genesee Capital Advisors LLC raised its position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 15.0% during the 2nd quarter. Genesee Capital Advisors LLC now owns 17,172 shares of the company’s stock worth $1,647,000 after buying an additional 2,243 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 42.1% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 18,210 shares of the company’s stock worth $1,747,000 after buying an additional 5,394 shares during the last quarter.

About Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

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.