Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Short Interest Down 56.2% in July

Invesco CEF Income Composite ETF (NYSEARCA:PCEF) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 54,242 shares, a decline of 56.2% from the July 15th total of 123,764 shares. Based on an average trading volume of 156,783 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Invesco CEF Income Composite ETF in the 2nd quarter worth about $25,000. Advisory Services Network LLC bought a new position in Invesco CEF Income Composite ETF during the 3rd quarter valued at about $40,000. WFA of San Diego LLC bought a new position in Invesco CEF Income Composite ETF during the 2nd quarter valued at about $45,000. International Assets Investment Management LLC purchased a new stake in shares of Invesco CEF Income Composite ETF during the 4th quarter valued at about $57,000. Finally, Ascentis Independent Advisors purchased a new stake in shares of Invesco CEF Income Composite ETF during the 1st quarter valued at about $95,000.

Invesco CEF Income Composite ETF Trading Down 0.3%

PCEF stock traded down $0.06 during midday trading on Friday, hitting $20.53. The company’s stock had a trading volume of 89,055 shares, compared to its average volume of 137,436. The firm’s 50-day moving average is $20.18 and its 200-day moving average is $19.90. Invesco CEF Income Composite ETF has a 12 month low of $18.30 and a 12 month high of $20.60. The company has a market cap of $821.61 million, a PE ratio of 23.11 and a beta of 0.75.

Invesco CEF Income Composite ETF Company Profile

PowerShares CEF Income Composite Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the S-Network Composite Closed-End Fund Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of funds included in the Index. The Index tracks the overall performance of a global universe of United States listed closed-end funds that are organized under the laws of the United States selected by S-Network Global Indexes LLC (the Index Provider).