Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) Short Interest Update

Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 2,400 shares, adeclineof80.8% from the July 15th total of 12,500 shares. Approximately0.1% of the company’s stock are short sold. Based on an average trading volume of 22,500 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 22,500 shares, the days-to-cover ratio is presently 0.1 days. Approximately0.1% of the company’s stock are short sold.

Institutional Trading of Invesco Energy Exploration & Production ETF

Institutional investors have recently modified their holdings of the company. Creative Financial Designs Inc. ADV boosted its holdings in Invesco Energy Exploration & Production ETF by 986.5% during the second quarter. Creative Financial Designs Inc. ADV now owns 1,130 shares of the company’s stock worth $32,000 after purchasing an additional 1,026 shares during the last quarter. Atlantic Union Bankshares Corp bought a new stake in Invesco Energy Exploration & Production ETF during the 2nd quarter worth about $104,000. Two Sigma Investments LP bought a new stake in Invesco Energy Exploration & Production ETF during the 4th quarter worth about $391,000. Global Retirement Partners LLC acquired a new position in shares of Invesco Energy Exploration & Production ETF during the 2nd quarter worth about $422,000. Finally, NewEdge Advisors LLC grew its holdings in shares of Invesco Energy Exploration & Production ETF by 9.6% in the 4th quarter. NewEdge Advisors LLC now owns 25,603 shares of the company’s stock valued at $758,000 after acquiring an additional 2,235 shares in the last quarter.

Invesco Energy Exploration & Production ETF Trading Down 0.4%

Shares of NYSEARCA PXE opened at $27.96 on Friday. The company has a fifty day moving average price of $28.68 and a 200 day moving average price of $27.91. The firm has a market cap of $68.22 million, a PE ratio of 10.78 and a beta of 1.83. Invesco Energy Exploration & Production ETF has a 1-year low of $22.19 and a 1-year high of $32.84.

About Invesco Energy Exploration & Production ETF

PowerShares Dynamic Energy Exploration & Production Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Energy Exploration & Production Intellidex Index (the Index). The Index evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors.