Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Short Interest Up 153.3% in February

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) was the recipient of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 3,800 shares, a growth of 153.3% from the February 13th total of 1,500 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 4,600 shares, the days-to-cover ratio is currently 0.8 days.

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

Institutional investors and hedge funds have recently bought and sold shares of the stock. SPC Financial Inc. grew its position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 1.1% in the 4th quarter. SPC Financial Inc. now owns 9,701 shares of the company’s stock worth $958,000 after purchasing an additional 102 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the fourth quarter worth about $25,000. Transamerica Financial Advisors Inc. increased its stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 0.3% during the third quarter. Transamerica Financial Advisors Inc. now owns 146,405 shares of the company’s stock valued at $15,235,000 after acquiring an additional 397 shares during the period. Harbour Investments Inc. acquired a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 4th quarter valued at approximately $49,000. Finally, GeoWealth Management LLC lifted its position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 44.3% in the 4th quarter. GeoWealth Management LLC now owns 4,169 shares of the company’s stock worth $412,000 after acquiring an additional 1,279 shares during the period.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Stock Down 3.9 %

NASDAQ PEZ traded down $3.31 during trading on Thursday, hitting $82.50. The company’s stock had a trading volume of 9,109 shares, compared to its average volume of 5,134. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF has a 52 week low of $82.11 and a 52 week high of $113.42. The firm has a market cap of $57.75 million, a P/E ratio of 25.44 and a beta of 1.42. The firm has a 50 day moving average price of $100.15 and a 200 day moving average price of $102.54.

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.