Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) Short Interest Up 176.3% in August

Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) saw a large growth in short interest in August. As of August 31st, there was short interest totaling 19,542 shares, a growth of 176.3% from the August 15th total of 7,074 shares. Based on an average daily trading volume, of 17,914 shares, the short-interest ratio is presently 1.1 days. Currently, 0.9% of the company’s stock are sold short.

Institutional Trading of Invesco Energy Exploration & Production ETF

A number of institutional investors have recently bought and sold shares of the stock. Foundations Investment Advisors LLC purchased a new position in Invesco Energy Exploration & Production ETF in the 4th quarter worth $5,476,000. Commonwealth Equity Services LLC grew its stake in Invesco Energy Exploration & Production ETF by 2,201.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 202,564 shares of the company’s stock valued at $5,662,000 after purchasing an additional 193,763 shares during the last quarter. Amundi purchased a new stake in Invesco Energy Exploration & Production ETF during the 1st quarter valued at about $1,341,000. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of Invesco Energy Exploration & Production ETF in the first quarter valued at about $1,176,000. Finally, PCG Wealth Advisors LLC acquired a new position in shares of Invesco Energy Exploration & Production ETF in the third quarter valued at about $398,000.

Invesco Energy Exploration & Production ETF Stock Performance

Shares of NYSEARCA PXE opened at $42.65 on Friday. Invesco Energy Exploration & Production ETF has a fifty-two week low of $27.21 and a fifty-two week high of $43.23. The company has a market cap of $93.40 million, a PE ratio of 10.78 and a beta of 0.50. The business has a 50-day simple moving average of $38.78 and a two-hundred day simple moving average of $37.07.

Invesco Energy Exploration & Production ETF Company Profile

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.