Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) Short Interest Update

Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 1,017,632 shares, an increase of 182.0% from the May 14th total of 360,805 shares. Approximately 8.5% of the company’s stock are sold short. Based on an average trading volume of 1,235,730 shares, the short-interest ratio is presently 0.8 days.

Invesco WilderHill Clean Energy ETF Price Performance

Shares of NYSEARCA PBW traded up $0.39 during mid-day trading on Friday, hitting $40.10. The company had a trading volume of 263,209 shares, compared to its average volume of 962,529. The company has a market capitalization of $479.60 million, a PE ratio of 0.93 and a beta of 1.75. Invesco WilderHill Clean Energy ETF has a 1-year low of $18.57 and a 1-year high of $47.22. The business’s 50-day simple moving average is $38.75 and its 200 day simple moving average is $34.88.

Hedge Funds Weigh In On Invesco WilderHill Clean Energy ETF

Large investors have recently bought and sold shares of the business. Bartlett & CO. Wealth Management LLC purchased a new position in Invesco WilderHill Clean Energy ETF in the fourth quarter valued at $27,000. JPMorgan Chase & Co. grew its holdings in shares of Invesco WilderHill Clean Energy ETF by 42.9% during the second quarter. JPMorgan Chase & Co. now owns 1,415 shares of the company’s stock worth $28,000 after purchasing an additional 425 shares during the last quarter. Advisors Preferred LLC acquired a new stake in shares of Invesco WilderHill Clean Energy ETF during the third quarter worth about $42,000. Johnson Financial Group Inc. increased its position in shares of Invesco WilderHill Clean Energy ETF by 274.9% during the first quarter. Johnson Financial Group Inc. now owns 1,436 shares of the company’s stock worth $45,000 after purchasing an additional 1,053 shares in the last quarter. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of Invesco WilderHill Clean Energy ETF during the fourth quarter worth about $57,000.

Invesco WilderHill Clean Energy ETF Company Profile

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.