Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) Sees Significant Increase in Short Interest

Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 841,968 shares, a growth of 102.6% from the December 31st total of 415,487 shares. Approximately 3.7% of the shares of the stock are sold short. Based on an average daily volume of 954,257 shares, the short-interest ratio is presently 0.9 days. Based on an average daily volume of 954,257 shares, the short-interest ratio is presently 0.9 days. Approximately 3.7% of the shares of the stock are sold short.

Institutional Investors Weigh In On Invesco WilderHill Clean Energy ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PBW. Bartlett & CO. Wealth Management LLC acquired a new stake in shares of Invesco WilderHill Clean Energy ETF during the 4th quarter worth about $27,000. JPMorgan Chase & Co. boosted its holdings in shares of Invesco WilderHill Clean Energy ETF by 42.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,415 shares of the company’s stock valued at $28,000 after acquiring an additional 425 shares in the last quarter. Allworth Financial LP grew its holdings in Invesco WilderHill Clean Energy ETF by 1,095.9% during the 2nd quarter. Allworth Financial LP now owns 1,746 shares of the company’s stock worth $35,000 after acquiring an additional 1,600 shares during the last quarter. Johnson Financial Group Inc. bought a new stake in shares of Invesco WilderHill Clean Energy ETF in the 2nd quarter valued at about $42,000. Finally, Advisors Preferred LLC acquired a new stake in shares of Invesco WilderHill Clean Energy ETF during the third quarter worth $42,000.

Invesco WilderHill Clean Energy ETF Stock Performance

Shares of NYSEARCA:PBW traded down $1.80 during mid-day trading on Friday, hitting $33.74. 936,545 shares of the company traded hands, compared to its average volume of 965,407. The firm’s 50 day simple moving average is $32.76 and its 200 day simple moving average is $29.64. The firm has a market cap of $753.75 million, a P/E ratio of 0.93 and a beta of 1.77. Invesco WilderHill Clean Energy ETF has a 52-week low of $13.19 and a 52-week high of $36.58.

About Invesco WilderHill Clean Energy ETF

The Invesco WilderHill Clean Energy ETF (PBW) is an exchange-traded fund that is based on the The WilderHill Clean Energy (AMEX) index. The fund tracks a modified equal-weighted index of companies involved in cleaner energy sources or energy conservation. PBW was launched on Mar 3, 2005 and is managed by Invesco.