Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Short Interest Up 81.8% in October

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 4,000 shares, an increase of 81.8% from the September 30th total of 2,200 shares. Currently, 0.8% of the shares of the company are sold short. Based on an average daily trading volume, of 5,700 shares, the short-interest ratio is currently 0.7 days. Based on an average daily trading volume, of 5,700 shares, the short-interest ratio is currently 0.7 days. Currently, 0.8% of the shares of the company are sold short.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Trading Up 1.2%

NASDAQ PEZ opened at $98.65 on Friday. The company has a fifty day simple moving average of $100.29 and a two-hundred day simple moving average of $96.60. The stock has a market cap of $48.34 million, a P/E ratio of 24.30 and a beta of 1.30. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF has a 12-month low of $76.23 and a 12-month high of $113.42.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in PEZ. Silver Oak Securities Incorporated purchased a new position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the third quarter worth $2,540,000. Transamerica Financial Advisors LLC raised its holdings in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 2.8% during the first quarter. Transamerica Financial Advisors LLC now owns 156,636 shares of the company’s stock worth $13,471,000 after purchasing an additional 4,297 shares during the last quarter. Jones Financial Companies Lllp purchased a new position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the first quarter worth $149,000. Harbour Investments Inc. raised its holdings in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 192.3% during the second quarter. Harbour Investments Inc. now owns 1,292 shares of the company’s stock worth $129,000 after purchasing an additional 850 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the second quarter worth $81,000.

About Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

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.