Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Short Interest Update

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) saw a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 495 shares, a decrease of 14.8% from the January 15th total of 581 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 917 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 917 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are sold short.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Trading Up 0.1%

Shares of PEZ stock traded up $0.05 during trading on Tuesday, hitting $104.98. The company’s stock had a trading volume of 445 shares, compared to its average volume of 1,179. The company has a market cap of $25.20 million, a PE ratio of 24.30 and a beta of 1.30. The business has a fifty day moving average of $106.11 and a 200-day moving average of $101.58. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF has a 52 week low of $76.23 and a 52 week high of $110.43.

Hedge Funds Weigh In On Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in PEZ. Sound Income Strategies LLC purchased a new stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the fourth quarter worth about $26,000. Raymond James Financial Inc. purchased a new stake in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the 2nd quarter worth approximately $81,000. Harbour Investments Inc. raised its holdings in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 192.3% in the 2nd quarter. Harbour Investments Inc. now owns 1,292 shares of the company’s stock worth $129,000 after purchasing an additional 850 shares during the period. Jones Financial Companies Lllp purchased a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the first quarter valued at approximately $149,000. Finally, Goldman Sachs Group Inc. bought a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the fourth quarter valued at $245,000.

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. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index consists of stocks of 60 United States consumer companies. These are companies that are principally engaged in the businesses of providing consumer goods and services that are cyclical in nature, including retail, automotive, leisure and recreation, media and real estate.