Short Interest in Invesco Global Clean Energy ETF (NYSEARCA:PBD) Grows By 246.5%

Invesco Global Clean Energy ETF (NYSEARCA:PBD) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 116,785 shares, an increase of 246.5% from the July 30th total of 33,709 shares. Approximately 1.1% of the shares of the company are short sold. Based on an average trading volume of 50,508 shares, the days-to-cover ratio is currently 2.3 days.

Institutional Trading of Invesco Global Clean Energy ETF

Several large investors have recently added to or reduced their stakes in the business. Western Wealth Management LLC bought a new stake in shares of Invesco Global Clean Energy ETF during the 1st quarter worth about $26,000. O Shaughnessy Asset Management LLC bought a new position in shares of Invesco Global Clean Energy ETF in the fourth quarter valued at $92,000. Jones Financial Companies Lllp lifted its position in shares of Invesco Global Clean Energy ETF by 498.8% during the 1st quarter. Jones Financial Companies Lllp now owns 9,143 shares of the company’s stock valued at $96,000 after acquiring an additional 7,616 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco Global Clean Energy ETF by 1,333.3% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 6,450 shares of the company’s stock valued at $97,000 after acquiring an additional 6,000 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in shares of Invesco Global Clean Energy ETF during the 2nd quarter worth $133,000.

Invesco Global Clean Energy ETF Price Performance

Shares of PBD stock traded down $0.21 on Friday, hitting $17.97. 16,988 shares of the stock traded hands, compared to its average volume of 59,491. The company has a market capitalization of $189.22 million, a PE ratio of 19.47 and a beta of 1.35. The company’s fifty day moving average is $18.42 and its 200 day moving average is $19.11. Invesco Global Clean Energy ETF has a 1-year low of $13.73 and a 1-year high of $22.58.

Invesco Global Clean Energy ETF Company Profile

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.