Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) Short Interest Up 237.8% in February

Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) was the target of a large growth in short interest in February. As of February 27th, there was short interest totaling 2,133,322 shares, a growth of 237.8% from the February 12th total of 631,495 shares. Approximately 10.1% of the shares of the stock are short sold. Based on an average daily volume of 1,268,739 shares, the short-interest ratio is currently 1.7 days. Based on an average daily volume of 1,268,739 shares, the short-interest ratio is currently 1.7 days. Approximately 10.1% of the shares of the stock are short sold.

Invesco WilderHill Clean Energy ETF Price Performance

PBW stock traded up $0.49 during mid-day trading on Wednesday, reaching $33.04. 558,705 shares of the company traded hands, compared to its average volume of 1,078,717. The company has a market capitalization of $694.83 million, a P/E ratio of 0.93 and a beta of 1.77. Invesco WilderHill Clean Energy ETF has a 52-week low of $13.19 and a 52-week high of $36.58. The company has a fifty day moving average price of $33.72 and a 200-day moving average price of $31.51.

Institutional Trading of Invesco WilderHill Clean Energy ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. HighTower Advisors LLC grew its position in Invesco WilderHill Clean Energy ETF by 0.7% in the fourth quarter. HighTower Advisors LLC now owns 818,050 shares of the company’s stock worth $24,983,000 after acquiring an additional 5,567 shares in the last quarter. Bank of America Corp DE raised its position in Invesco WilderHill Clean Energy ETF by 33.7% during the third quarter. Bank of America Corp DE now owns 534,605 shares of the company’s stock valued at $15,439,000 after purchasing an additional 134,682 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Invesco WilderHill Clean Energy ETF by 78.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 471,799 shares of the company’s stock valued at $14,409,000 after purchasing an additional 208,119 shares in the last quarter. Millennium Management LLC lifted its stake in Invesco WilderHill Clean Energy ETF by 514.6% during the fourth quarter. Millennium Management LLC now owns 382,190 shares of the company’s stock worth $11,672,000 after purchasing an additional 320,000 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in Invesco WilderHill Clean Energy ETF by 65.9% during the fourth quarter. LPL Financial LLC now owns 320,122 shares of the company’s stock worth $9,777,000 after purchasing an additional 127,191 shares during the last quarter.

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.