Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) Sees Large Growth in Short Interest

Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 54 shares. Based on an average daily trading volume, of 2,446 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Trading of Invesco Bloomberg Pricing Power ETF

Large investors have recently made changes to their positions in the company. IMC Chicago LLC increased its holdings in shares of Invesco Bloomberg Pricing Power ETF by 9.0% during the first quarter. IMC Chicago LLC now owns 17,801 shares of the company’s stock valued at $1,534,000 after acquiring an additional 1,473 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in shares of Invesco Bloomberg Pricing Power ETF by 1.6% in the 1st quarter. Kestra Advisory Services LLC now owns 12,110 shares of the company’s stock worth $1,043,000 after purchasing an additional 195 shares in the last quarter. Hyundai Investments Co. Ltd. acquired a new stake in Invesco Bloomberg Pricing Power ETF in the 4th quarter valued at $547,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in Invesco Bloomberg Pricing Power ETF in the 2nd quarter valued at $39,000.

Invesco Bloomberg Pricing Power ETF Trading Up 0.2%

NYSEARCA POWA traded up $0.16 on Wednesday, hitting $89.18. 2,691 shares of the company were exchanged, compared to its average volume of 3,982. The company has a market cap of $169.44 million, a PE ratio of 26.20 and a beta of 0.76. Invesco Bloomberg Pricing Power ETF has a 12 month low of $84.53 and a 12 month high of $94.15. The stock has a fifty day moving average of $89.67 and a 200-day moving average of $88.66.

About Invesco Bloomberg Pricing Power ETF

The Invesco Bloomberg Pricing Power ETF (POWA) is an exchange-traded fund that is based on the Bloomberg Pricing Power index. The fund selects US large- and mid-cap stocks of companies considered well-positioned to maintain stable profit margins in all market conditions. Stocks satisfying a four factor screening process are included in the index, on an equal-weight basis POWA was launched on Dec 15, 2006 and is issued by Invesco.