Short Interest in Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) Decreases By 37.4%

Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 636,730 shares, a decrease of 37.4% from the May 31st total of 1,017,632 shares. Approximately 5.3% of the company’s stock are sold short. Based on an average daily volume of 812,623 shares, the short-interest ratio is currently 0.8 days.

Institutional Trading of Invesco WilderHill Clean Energy ETF

Several large investors have recently made changes to their positions in the stock. Royal Bank of Canada raised its stake in shares of Invesco WilderHill Clean Energy ETF by 14.3% in the 1st quarter. Royal Bank of Canada now owns 23,634 shares of the company’s stock valued at $372,000 after acquiring an additional 2,952 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in Invesco WilderHill Clean Energy ETF by 25.3% during the first quarter. Goldman Sachs Group Inc. now owns 237,587 shares of the company’s stock worth $3,740,000 after purchasing an additional 48,043 shares during the period. Cetera Investment Advisers grew its holdings in Invesco WilderHill Clean Energy ETF by 9.0% during the second quarter. Cetera Investment Advisers now owns 13,880 shares of the company’s stock valued at $276,000 after purchasing an additional 1,142 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Invesco WilderHill Clean Energy ETF by 42.9% during the second quarter. JPMorgan Chase & Co. now owns 1,415 shares of the company’s stock valued at $28,000 after purchasing an additional 425 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its position in shares of Invesco WilderHill Clean Energy ETF by 107.0% in the second quarter. BNP Paribas Financial Markets now owns 299,315 shares of the company’s stock valued at $5,962,000 after purchasing an additional 154,712 shares during the period.

Invesco WilderHill Clean Energy ETF Stock Performance

Invesco WilderHill Clean Energy ETF stock remained flat at $36.58 during mid-day trading on Friday. 659,832 shares of the company’s stock traded hands, compared to its average volume of 931,056. The firm has a market capitalization of $475.54 million, a PE ratio of 0.93 and a beta of 1.76. Invesco WilderHill Clean Energy ETF has a 52-week low of $21.06 and a 52-week high of $47.22. The business has a fifty day moving average price of $40.46 and a 200 day moving average price of $35.69.

Invesco WilderHill Clean Energy ETF Company Profile

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.