Short Interest in Invesco China Technology ETF (NYSEARCA:CQQQ) Declines By 46.5%

Invesco China Technology ETF (NYSEARCA:CQQQ) saw a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 1,805,736 shares, a decrease of 46.5% from the February 26th total of 3,374,282 shares. Currently, 3.2% of the company’s shares are sold short. Based on an average trading volume of 1,575,316 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of CQQQ. Uhlmann Price Securities LLC boosted its position in shares of Invesco China Technology ETF by 1.5% during the fourth quarter. Uhlmann Price Securities LLC now owns 13,477 shares of the company’s stock worth $701,000 after buying an additional 203 shares during the period. JPMorgan Chase & Co. raised its stake in Invesco China Technology ETF by 1.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 27,783 shares of the company’s stock valued at $1,229,000 after acquiring an additional 424 shares in the last quarter. J. Safra Sarasin Holding AG boosted its position in Invesco China Technology ETF by 2.3% during the 4th quarter. J. Safra Sarasin Holding AG now owns 18,760 shares of the company’s stock worth $976,000 after acquiring an additional 430 shares during the period. Heritage Wealth Advisors acquired a new position in Invesco China Technology ETF during the 4th quarter worth $30,000. Finally, CWM LLC bought a new position in shares of Invesco China Technology ETF in the third quarter worth $34,000.

Invesco China Technology ETF Stock Down 0.7%

Shares of Invesco China Technology ETF stock traded down $0.30 during trading hours on Friday, hitting $45.06. The company’s stock had a trading volume of 342,744 shares, compared to its average volume of 1,330,106. The business has a fifty day moving average of $52.10 and a 200 day moving average of $53.93. Invesco China Technology ETF has a 1-year low of $35.62 and a 1-year high of $61.20. The company has a market capitalization of $2.54 billion, a PE ratio of 20.61 and a beta of 0.43.

About Invesco China Technology ETF

Guggenheim China Technology ETF (the Fund), formerly Claymore China Technology ETF, seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called the AlphaShares China Technology Index (the Index). The Fund will invest at least 80% of its total assets in common stock, American depositary receipts (ADRs), American depositary shares (ADSs), global depositary receipts (GDRs) and international depositary receipts (IDRs) that comprise the Index and depositary receipts or shares representing common stocks included in the Index (or underlying securities representing ADRs, ADSs, GDRs and IDRs included in the Index).