Invesco MSCI Global Timber ETF (NYSEARCA:CUT) Short Interest Update

Invesco MSCI Global Timber ETF (NYSEARCA:CUT) was the recipient of a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 331 shares, a decline of 61.1% from the February 12th total of 851 shares. Based on an average daily trading volume, of 5,276 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 5,276 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Invesco MSCI Global Timber ETF during the 4th quarter valued at $35,000. Susquehanna International Group LLP raised its stake in shares of Invesco MSCI Global Timber ETF by 2.2% during the 3rd quarter. Susquehanna International Group LLP now owns 61,330 shares of the company’s stock worth $1,813,000 after purchasing an additional 1,293 shares during the period. Royal Bank of Canada purchased a new position in shares of Invesco MSCI Global Timber ETF in the 4th quarter worth about $60,000. Raymond James Financial Inc. purchased a new position in shares of Invesco MSCI Global Timber ETF in the 2nd quarter worth about $80,000. Finally, Jane Street Group LLC grew its position in Invesco MSCI Global Timber ETF by 27.5% during the second quarter. Jane Street Group LLC now owns 13,924 shares of the company’s stock valued at $419,000 after buying an additional 3,001 shares during the period.

Invesco MSCI Global Timber ETF Stock Up 0.3%

CUT stock opened at $29.57 on Wednesday. The firm has a market cap of $36.96 million, a PE ratio of 17.08 and a beta of 0.90. The business has a 50 day moving average of $30.73 and a 200-day moving average of $29.72. Invesco MSCI Global Timber ETF has a 12-month low of $27.12 and a 12-month high of $32.95.

Invesco MSCI Global Timber ETF Company Profile

Guggenheim Timber ETF (the Fund), formerly Claymore/Beacon Global Timber Index ETF, seeks investment results that correspond to the performance of an equity index called the Beacon Global Timber Index (the Index). All stocks in the Index are selected from the universe of global timber companies. Beacon Indexes LLC (Beacon or the Index Provider) defines global timber companies as firms who own or lease forested land and harvest the timber from such forested land for commercial use and sale of wood-based products, including lumber, pulp or other processed or finished goods, such as paper and packaging.