Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) Short Interest Down 96.1% in June

Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 2,271 shares, a decrease of 96.1% from the June 15th total of 58,731 shares. Based on an average trading volume of 63,415 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the company’s shares are short sold.

Invesco Energy Exploration & Production ETF Trading Down 0.5%

Invesco Energy Exploration & Production ETF stock traded down $0.19 during mid-day trading on Friday, hitting $34.78. The company’s stock had a trading volume of 5,973 shares, compared to its average volume of 58,167. The firm has a market capitalization of $76.86 million, a PE ratio of 10.78 and a beta of 0.48. Invesco Energy Exploration & Production ETF has a 1 year low of $27.21 and a 1 year high of $40.74. The stock’s fifty day moving average is $35.78 and its two-hundred day moving average is $34.08.

Hedge Funds Weigh In On Invesco Energy Exploration & Production ETF

Large investors have recently modified their holdings of the business. Western Wealth Management LLC acquired a new stake in shares of Invesco Energy Exploration & Production ETF during the 1st quarter worth about $50,000. Bank of Montreal Can purchased a new stake in Invesco Energy Exploration & Production ETF in the 4th quarter valued at about $89,000. Sunbelt Securities Inc. acquired a new position in Invesco Energy Exploration & Production ETF in the first quarter valued at about $182,000. Private Advisor Group LLC acquired a new position in Invesco Energy Exploration & Production ETF in the first quarter valued at about $233,000. Finally, Osaic Holdings Inc. boosted its stake in Invesco Energy Exploration & Production ETF by 9.7% during the second quarter. Osaic Holdings Inc. now owns 10,039 shares of the company’s stock worth $281,000 after buying an additional 891 shares during the period.

About Invesco Energy Exploration & Production ETF

PowerShares Dynamic Energy Exploration & Production Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Energy Exploration & Production Intellidex Index (the Index). The Index evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors. Securities shown to possess the greatest capital appreciation potential are selected by the Index. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.