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

Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) saw a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 15,936 shares, a decline of 55.4% from the January 15th total of 35,733 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 27,540 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 27,540 shares, the short-interest ratio is presently 0.6 days. Approximately 0.3% of the shares of the stock are sold short.

Invesco Dorsey Wright Technology Momentum ETF Stock Performance

Shares of NASDAQ:PTF opened at $86.90 on Friday. Invesco Dorsey Wright Technology Momentum ETF has a 52 week low of $49.57 and a 52 week high of $91.75. The company has a market cap of $411.06 million, a PE ratio of 32.05 and a beta of 1.49. The firm has a 50 day simple moving average of $82.03 and a 200 day simple moving average of $76.86.

Institutional Trading of Invesco Dorsey Wright Technology Momentum ETF

Institutional investors have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC boosted its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 74.1% during the 1st quarter. Integrated Wealth Concepts LLC now owns 7,050 shares of the company’s stock valued at $416,000 after buying an additional 3,000 shares during the period. Jones Financial Companies Lllp increased its holdings in Invesco Dorsey Wright Technology Momentum ETF by 29.0% in the 1st quarter. Jones Financial Companies Lllp now owns 2,203 shares of the company’s stock valued at $130,000 after buying an additional 495 shares during the period. Jane Street Group LLC grew its stake in Invesco Dorsey Wright Technology Momentum ETF by 108.1% during the first quarter. Jane Street Group LLC now owns 24,668 shares of the company’s stock worth $1,454,000 after buying an additional 329,668 shares during the last quarter. Stratos Wealth Partners LTD. increased its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF by 1.4% during the second quarter. Stratos Wealth Partners LTD. now owns 10,741 shares of the company’s stock worth $734,000 after buying an additional 150 shares in the last quarter. Finally, GHP Investment Advisors Inc. acquired a new position in shares of Invesco Dorsey Wright Technology Momentum ETF in the 2nd quarter worth approximately $44,000.

About Invesco Dorsey Wright Technology Momentum ETF

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.