Short Interest in Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) Declines By 55.7%

Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 415,487 shares, a drop of 55.7% from the December 15th total of 937,704 shares. Currently, 1.9% of the company’s stock are short sold. Based on an average daily volume of 477,583 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily volume of 477,583 shares, the days-to-cover ratio is presently 0.9 days. Currently, 1.9% of the company’s stock are short sold.

Institutional Trading of Invesco WilderHill Clean Energy ETF

Institutional investors have recently bought and sold shares of the company. Allianz SE raised its holdings in shares of Invesco WilderHill Clean Energy ETF by 20.5% during the 2nd quarter. Allianz SE now owns 264,068 shares of the company’s stock valued at $5,260,000 after purchasing an additional 45,000 shares in the last quarter. Benjamin Edwards Inc. acquired a new position in Invesco WilderHill Clean Energy ETF during the third quarter worth $1,540,000. Goldman Sachs Group Inc. raised its holdings 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 valued at $3,740,000 after buying an additional 48,043 shares in the last quarter. Realta Investment Advisors bought a new position in Invesco WilderHill Clean Energy ETF during the third quarter valued at about $659,000. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of Invesco WilderHill Clean Energy ETF by 37.1% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 34,623 shares of the company’s stock worth $749,000 after buying an additional 9,375 shares during the last quarter.

Invesco WilderHill Clean Energy ETF Price Performance

Invesco WilderHill Clean Energy ETF stock traded up $0.17 during trading hours on Wednesday, hitting $34.95. The company had a trading volume of 911,350 shares, compared to its average volume of 996,028. Invesco WilderHill Clean Energy ETF has a fifty-two week low of $13.19 and a fifty-two week high of $36.52. The firm has a market capitalization of $801.75 million, a P/E ratio of 0.93 and a beta of 1.77. The firm’s fifty day moving average is $31.66 and its 200-day moving average is $28.54.

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.