Short Interest in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Expands By 375.0%

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 1,900 shares, a growth of 375.0% from the December 31st total of 400 shares. Based on an average daily trading volume, of 3,300 shares, the days-to-cover ratio is currently 0.6 days.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Trading Up 2.0 %

Shares of NASDAQ PEZ traded up $2.09 during mid-day trading on Tuesday, reaching $104.69. The company had a trading volume of 3,480 shares, compared to its average volume of 4,822. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF has a 1-year low of $81.66 and a 1-year high of $113.42. The stock has a market cap of $72.24 million, a PE ratio of 19.95 and a beta of 1.29. The company has a 50-day moving average price of $103.97 and a two-hundred day moving average price of $101.61.

Hedge Funds Weigh In On Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. SPC Financial Inc. grew its holdings in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 1.8% during the second quarter. SPC Financial Inc. now owns 9,888 shares of the company’s stock valued at $949,000 after buying an additional 178 shares in the last quarter. Financial Management Professionals Inc. acquired a new stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the 3rd quarter worth about $1,743,000. Silver Oak Securities Incorporated increased its holdings in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 65.2% in the 3rd quarter. Silver Oak Securities Incorporated now owns 21,791 shares of the company’s stock valued at $2,270,000 after purchasing an additional 8,602 shares during the period. Finally, Transamerica Financial Advisors Inc. lifted its position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 0.3% in the 3rd quarter. Transamerica Financial Advisors Inc. now owns 146,405 shares of the company’s stock worth $15,235,000 after buying an additional 397 shares in the last quarter.

About Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

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.