Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Short Interest Down 42.1% in March

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) saw a large drop in short interest in March. As of March 15th, there was short interest totalling 2,200 shares, a drop of 42.1% from the February 28th total of 3,800 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 5,100 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Investors Weigh In On Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

A number of institutional investors have recently bought and sold shares of PEZ. Global Retirement Partners LLC bought a new position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the 4th quarter worth about $25,000. Harbour Investments Inc. bought a new stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the fourth quarter valued at about $49,000. Advisory Services Network LLC acquired a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the fourth quarter worth about $209,000. Cetera Investment Advisers bought a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the fourth quarter worth about $268,000. Finally, GeoWealth Management LLC boosted its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 44.3% during the fourth quarter. GeoWealth Management LLC now owns 4,169 shares of the company’s stock valued at $412,000 after purchasing an additional 1,279 shares in the last quarter.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Price Performance

Shares of PEZ traded down $2.80 on Friday, reaching $85.86. 1,255 shares of the stock traded hands, compared to its average volume of 4,702. The stock’s 50-day moving average price is $97.34 and its 200-day moving average price is $101.68. The firm has a market cap of $59.24 million, a price-to-earnings ratio of 26.26 and a beta of 1.29. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF has a 12 month low of $82.11 and a 12 month high of $113.42.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Company Profile

PowerShares Dynamic Consumer Discretionary Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Discretionary Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer companies.