Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) Short Interest Update

Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) was the recipient of a large decrease in short interest in January. As of January 30th, there was short interest totaling 526,311 shares, a decrease of 37.5% from the January 15th total of 841,968 shares. Approximately 2.5% of the shares of the stock are sold short. Based on an average daily trading volume, of 976,692 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 976,692 shares, the days-to-cover ratio is presently 0.5 days. Approximately 2.5% of the shares of the stock are sold short.

Hedge Funds Weigh In On Invesco WilderHill Clean Energy ETF

Large investors have recently modified their holdings of the stock. Allianz SE boosted its position in shares of Invesco WilderHill Clean Energy ETF by 20.5% during the second quarter. Allianz SE now owns 264,068 shares of the company’s stock valued at $5,260,000 after buying an additional 45,000 shares during the period. Benjamin Edwards Inc. purchased a new stake in shares of Invesco WilderHill Clean Energy ETF in the third quarter worth approximately $1,540,000. Realta Investment Advisors bought a new stake in shares of Invesco WilderHill Clean Energy ETF during the 3rd quarter worth approximately $659,000. Truist Financial Corp boosted its holdings in Invesco WilderHill Clean Energy ETF by 7.8% during the 2nd quarter. Truist Financial Corp now owns 27,824 shares of the company’s stock valued at $554,000 after acquiring an additional 2,020 shares during the period. Finally, Johnson Financial Group Inc. purchased a new position in Invesco WilderHill Clean Energy ETF during the 2nd quarter valued at $42,000.

Invesco WilderHill Clean Energy ETF Stock Up 1.7%

PBW traded up $0.56 on Friday, hitting $33.48. The company had a trading volume of 1,598,906 shares, compared to its average volume of 971,414. The business’s fifty day simple moving average is $33.32 and its 200 day simple moving average is $30.37. Invesco WilderHill Clean Energy ETF has a 12-month low of $13.19 and a 12-month high of $36.58. The company has a market cap of $704.08 million, a PE ratio of 0.93 and a beta of 1.77.

About Invesco WilderHill Clean Energy ETF

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.