Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) Short Interest Update

Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 20,263 shares, an increase of 27.2% from the January 29th total of 15,936 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average trading volume of 52,038 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 52,038 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.4% of the shares of the company are sold short.

Institutional Investors Weigh In On Invesco Dorsey Wright Technology Momentum ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Osaic Holdings Inc. increased its holdings in Invesco Dorsey Wright Technology Momentum ETF by 11.7% in the 2nd quarter. Osaic Holdings Inc. now owns 69,872 shares of the company’s stock valued at $4,772,000 after buying an additional 7,328 shares during the period. Wealth Enhancement Advisory Services LLC bought a new position in shares of Invesco Dorsey Wright Technology Momentum ETF in the third quarter worth about $982,000. GHP Investment Advisors Inc. bought a new position in shares of Invesco Dorsey Wright Technology Momentum ETF in the second quarter worth about $44,000. Quadrature Capital Ltd boosted its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 117.0% in the 2nd quarter. Quadrature Capital Ltd now owns 10,936 shares of the company’s stock valued at $747,000 after purchasing an additional 5,896 shares in the last quarter. Finally, Theory Financial LLC grew its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 30.9% during the third quarter. Theory Financial LLC now owns 60,914 shares of the company’s stock worth $4,812,000 after buying an additional 14,390 shares during the last quarter.

Invesco Dorsey Wright Technology Momentum ETF Stock Up 1.5%

Shares of NASDAQ:PTF opened at $91.73 on Thursday. Invesco Dorsey Wright Technology Momentum ETF has a 12-month low of $49.57 and a 12-month high of $96.34. The business has a 50 day moving average of $85.65 and a 200-day moving average of $79.13. The stock has a market cap of $433.88 million, a PE ratio of 32.05 and a beta of 1.49.

Invesco Dorsey Wright Technology Momentum ETF Company Profile

PowerShares Dynamic Technology Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Technology Sector Intellidex Index (the Index). The Index consists of stocks of the United States technology companies. These are companies that are principally engaged in the business of providing technology-related products and services, including computer hardware and software, Internet, electronics and semiconductors, and communication technologies.