Invesco Global Clean Energy ETF (NYSEARCA:PBD) Shares Shorted: Short Interest Down 53.9% in September

Invesco Global Clean Energy ETF (NYSEARCA:PBD) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 59,827 shares, a decrease of 53.9% from the August 31st total of 129,915 shares. Approximately 0.9% of the company’s shares are sold short. Based on an average daily trading volume, of 153,906 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Invesco Global Clean Energy ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Nilsine Partners LLC grew its stake in Invesco Global Clean Energy ETF by 0.7% in the 2nd quarter. Nilsine Partners LLC now owns 90,082 shares of the company’s stock worth $1,766,000 after acquiring an additional 641 shares in the last quarter. Western Wealth Management LLC bought a new stake in shares of Invesco Global Clean Energy ETF during the first quarter valued at approximately $26,000. Private Advisor Group LLC boosted its holdings in shares of Invesco Global Clean Energy ETF by 6.5% in the first quarter. Private Advisor Group LLC now owns 28,640 shares of the company’s stock valued at $514,000 after purchasing an additional 1,756 shares during the period. Johnson Financial Group LLC boosted its holdings in shares of Invesco Global Clean Energy ETF by 18.8% in the fourth quarter. Johnson Financial Group LLC now owns 22,306 shares of the company’s stock valued at $359,000 after purchasing an additional 3,525 shares during the period. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of Invesco Global Clean Energy ETF in the second quarter valued at approximately $74,000.

Invesco Global Clean Energy ETF Trading Down 1.1%

Shares of NYSEARCA PBD traded down $0.19 during midday trading on Monday, hitting $16.74. The company’s stock had a trading volume of 31,247 shares, compared to its average volume of 83,456. Invesco Global Clean Energy ETF has a 12-month low of $14.91 and a 12-month high of $22.58. The firm has a market cap of $114.33 million, a P/E ratio of 19.47 and a beta of 1.36. The business’s 50 day moving average is $17.72 and its two-hundred day moving average is $19.00.

About Invesco Global Clean Energy ETF

The Invesco Global Clean Energy ETF (PBD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of companies that focus on cleaner energy, weighted equally in tiers. PBD was launched on Jun 13, 2007 and is managed by Invesco.