Short Interest in Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Decreases By 42.0%

Invesco CEF Income Composite ETF (NYSEARCA:PCEF) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 31,453 shares, a decline of 42.0% from the July 30th total of 54,242 shares. Based on an average daily volume of 81,139 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are sold short.

Invesco CEF Income Composite ETF Stock Performance

PCEF opened at $20.26 on Wednesday. Invesco CEF Income Composite ETF has a 1 year low of $18.30 and a 1 year high of $20.60. The firm has a 50 day moving average price of $20.24 and a 200 day moving average price of $19.92. The company has a market cap of $810.81 million, a PE ratio of 23.11 and a beta of 0.75.

Institutional Investors Weigh In On Invesco CEF Income Composite ETF

Several large investors have recently made changes to their positions in PCEF. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Invesco CEF Income Composite ETF during the 2nd quarter worth $25,000. Advisory Services Network LLC purchased a new position in Invesco CEF Income Composite ETF in the third quarter valued at about $40,000. WFA of San Diego LLC acquired a new position in shares of Invesco CEF Income Composite ETF during the second quarter worth about $45,000. International Assets Investment Management LLC acquired a new position in shares of Invesco CEF Income Composite ETF during the fourth quarter worth about $57,000. Finally, Ascentis Independent Advisors purchased a new stake in shares of Invesco CEF Income Composite ETF in the first quarter worth about $95,000.

About Invesco CEF Income Composite ETF

PowerShares CEF Income Composite Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the S-Network Composite Closed-End Fund Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of funds included in the Index. The Index tracks the overall performance of a global universe of United States listed closed-end funds that are organized under the laws of the United States selected by S-Network Global Indexes LLC (the Index Provider).