Short Interest in Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) Increases By 13.6%

Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totaling 355,697 shares, a growth of 13.6% from the March 31st total of 313,204 shares. Approximately 2.8% of the company’s shares are sold short. Based on an average daily trading volume, of 578,482 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of Invesco WilderHill Clean Energy ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. HighTower Advisors LLC boosted its stake in shares of Invesco WilderHill Clean Energy ETF by 0.7% in the 4th quarter. HighTower Advisors LLC now owns 818,050 shares of the company’s stock valued at $24,983,000 after purchasing an additional 5,567 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Invesco WilderHill Clean Energy ETF by 33.7% during the third quarter. Bank of America Corp DE now owns 534,605 shares of the company’s stock worth $15,439,000 after buying an additional 134,682 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Invesco WilderHill Clean Energy ETF by 78.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 471,799 shares of the company’s stock worth $14,409,000 after buying an additional 208,119 shares during the last quarter. Millennium Management LLC lifted its holdings in Invesco WilderHill Clean Energy ETF by 514.6% in the fourth quarter. Millennium Management LLC now owns 382,190 shares of the company’s stock valued at $11,672,000 after buying an additional 320,000 shares during the period. Finally, LPL Financial LLC lifted its holdings in Invesco WilderHill Clean Energy ETF by 65.9% in the fourth quarter. LPL Financial LLC now owns 320,122 shares of the company’s stock valued at $9,777,000 after buying an additional 127,191 shares during the period.

Invesco WilderHill Clean Energy ETF Stock Up 4.7%

PBW stock opened at $38.23 on Friday. Invesco WilderHill Clean Energy ETF has a twelve month low of $15.70 and a twelve month high of $38.23. The company has a market cap of $457.23 million, a P/E ratio of 0.93 and a beta of 1.61. The business has a fifty day moving average of $33.35 and a 200-day moving average of $32.94.

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.