Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Short Interest Down 29.2% in September

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) saw a significant decrease in short interest in the month of September. As of September 15th, there was short interest totalling 3,400 shares, a decrease of 29.2% from the August 31st total of 4,800 shares. Based on an average trading volume of 4,600 shares, the short-interest ratio is presently 0.7 days.

Institutional Trading of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PEZ. Janney Montgomery Scott LLC boosted its position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 19.2% in the first quarter. Janney Montgomery Scott LLC now owns 81,516 shares of the company’s stock valued at $7,870,000 after acquiring an additional 13,141 shares during the period. Cambridge Investment Research Advisors Inc. boosted its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 42.1% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 18,210 shares of the company’s stock valued at $1,747,000 after purchasing an additional 5,394 shares during the period. Genesee Capital Advisors LLC boosted its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 15.0% in the 2nd quarter. Genesee Capital Advisors LLC now owns 17,172 shares of the company’s stock valued at $1,647,000 after purchasing an additional 2,243 shares during the period. SPC Financial Inc. grew its position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 1.8% in the 2nd quarter. SPC Financial Inc. now owns 9,888 shares of the company’s stock worth $949,000 after purchasing an additional 178 shares during the last quarter. Finally, Scotia Capital Inc. bought a new position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the 4th quarter worth about $517,000.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Stock Performance

Shares of NASDAQ:PEZ traded up $0.54 during midday trading on Friday, hitting $104.17. The company’s stock had a trading volume of 1,346 shares, compared to its average volume of 5,351. The stock’s 50 day simple moving average is $97.50 and its 200 day simple moving average is $95.27. The stock has a market capitalization of $78.13 million, a price-to-earnings ratio of 19.95 and a beta of 1.29. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF has a fifty-two week low of $58.93 and a fifty-two week high of $104.30.

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.