Invesco Financial Preferred ETF (NYSEARCA:PGF) Short Interest Update

Invesco Financial Preferred ETF (NYSEARCA:PGF) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totaling 95,351 shares, an increase of 48.0% from the December 15th total of 64,444 shares. Based on an average trading volume of 445,861 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 445,861 shares, the short-interest ratio is currently 0.2 days.

Invesco Financial Preferred ETF Stock Performance

Shares of PGF stock remained flat at $14.40 during trading hours on Friday. 151,868 shares of the stock were exchanged, compared to its average volume of 323,997. Invesco Financial Preferred ETF has a 12 month low of $13.61 and a 12 month high of $15.00. The business has a fifty day moving average price of $14.22 and a two-hundred day moving average price of $14.39.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Nvwm LLC bought a new stake in shares of Invesco Financial Preferred ETF during the second quarter worth $34,000. Motco bought a new position in Invesco Financial Preferred ETF in the second quarter valued at about $39,000. Rogco LP increased its position in Invesco Financial Preferred ETF by 147.7% in the second quarter. Rogco LP now owns 3,619 shares of the exchange traded fund’s stock worth $51,000 after purchasing an additional 2,158 shares during the period. Ameritas Advisory Services LLC bought a new stake in Invesco Financial Preferred ETF during the 2nd quarter worth about $84,000. Finally, Advisory Services Network LLC bought a new stake in Invesco Financial Preferred ETF during the 3rd quarter worth about $121,000.

About Invesco Financial Preferred ETF

PowerShares Financial Preferred Portfolio (the Fund) is a non-diversified fund. The Fund is based on the Wells Fargo Hybrid and Preferred Financial Index (WHPSF Financial Index) (the Index). The Index tracks the performance of the United States-listed securities issued by financial institutions. The Index is rebalanced monthly. The Fund normally invests at least 90% of its total assets in preferred securities that consists of the Index. The Fund may contain securities in the financial and insurance sectors.