Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Sees Significant Increase in Short Interest

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) was the recipient of a significant growth in short interest in February. As of February 13th, there was short interest totaling 797 shares, a growth of 61.0% from the January 29th total of 495 shares. Based on an average trading volume of 742 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.3% of the company’s stock are short sold. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 742 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Investors Weigh In On Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

Institutional investors have recently made changes to their positions in the company. Sound Income Strategies LLC purchased a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 4th quarter worth approximately $26,000. Raymond James Financial Inc. purchased a new stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the 2nd quarter valued at $81,000. Jones Financial Companies Lllp bought a new stake in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 1st quarter worth $149,000. Goldman Sachs Group Inc. bought a new stake in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 4th quarter worth $245,000. Finally, Advisory Services Network LLC purchased a new position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the third quarter worth $375,000.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Price Performance

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF stock traded down $1.41 during mid-day trading on Monday, reaching $103.83. The stock had a trading volume of 450 shares, compared to its average volume of 1,106. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF has a one year low of $76.23 and a one year high of $110.43. The company has a 50-day moving average price of $105.98 and a two-hundred day moving average price of $101.90. The company has a market capitalization of $24.92 million, a price-to-earnings ratio of 24.30 and a beta of 1.30.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Company Profile

PowerShares Dynamic Consumer Discretionary Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Discretionary Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer companies. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index consists of stocks of 60 United States consumer companies. These are companies that are principally engaged in the businesses of providing consumer goods and services that are cyclical in nature, including retail, automotive, leisure and recreation, media and real estate.