Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) Short Interest Down 26.7% in March

Invesco WilderHill Clean Energy ETF (NYSEARCA:PBWGet Free Report) was the recipient of a significant decline in short interest in March. As of March 13th, there was short interest totaling 1,563,475 shares, a decline of 26.7% from the February 26th total of 2,133,322 shares. Currently, 7.4% of the shares of the stock are short sold. Based on an average trading volume of 1,156,877 shares, the days-to-cover ratio is currently 1.4 days.

Invesco WilderHill Clean Energy ETF Stock Performance

Shares of Invesco WilderHill Clean Energy ETF stock traded down $0.30 during midday trading on Friday, hitting $31.09. 346,639 shares of the company traded hands, compared to its average volume of 1,028,879. The stock has a market cap of $653.82 million, a price-to-earnings ratio of 0.93 and a beta of 1.77. The firm’s fifty day moving average price is $33.38 and its 200-day moving average price is $32.09. Invesco WilderHill Clean Energy ETF has a 12 month low of $13.19 and a 12 month high of $36.58.

Institutional Trading of Invesco WilderHill Clean Energy ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bartlett & CO. Wealth Management LLC acquired a new position in shares of Invesco WilderHill Clean Energy ETF during the fourth quarter worth $27,000. Advisors Preferred LLC acquired a new stake in shares of Invesco WilderHill Clean Energy ETF during the 3rd quarter valued at $42,000. JPMorgan Chase & Co. boosted its holdings in shares of Invesco WilderHill Clean Energy ETF by 42.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,415 shares of the company’s stock valued at $28,000 after acquiring an additional 425 shares in the last quarter. Flagship Harbor Advisors LLC bought a new stake in Invesco WilderHill Clean Energy ETF during the 4th quarter worth $57,000. Finally, Dakota Community Bank & Trust NA bought a new stake in Invesco WilderHill Clean Energy ETF during the 3rd quarter worth $59,000.

Invesco WilderHill Clean Energy ETF Company Profile

(Get Free Report)

The Invesco WilderHill Clean Energy ETF (PBW) is an exchange-traded fund that is based on the The WilderHill Clean Energy (AMEX) index. The fund tracks a modified equal-weighted index of companies involved in cleaner energy sources or energy conservation. PBW was launched on Mar 3, 2005 and is managed by Invesco.

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