Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) Short Interest Down 34.4% in June

Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 417,399 shares, a decrease of 34.4% from the June 15th total of 636,730 shares. Currently, 3.4% of the shares of the stock are sold short. Based on an average trading volume of 612,167 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Trading of Invesco WilderHill Clean Energy ETF

A number of hedge funds have recently bought and sold shares of the company. HighTower Advisors LLC boosted its stake in Invesco WilderHill Clean Energy ETF by 0.7% in the fourth quarter. HighTower Advisors LLC now owns 818,050 shares of the company’s stock worth $24,983,000 after buying an additional 5,567 shares in 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 acquiring an additional 134,682 shares in 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 acquiring an additional 208,119 shares in the last quarter. Millennium Management LLC lifted its holdings in shares of Invesco WilderHill Clean Energy ETF by 514.6% in the 4th quarter. Millennium Management LLC now owns 382,190 shares of the company’s stock worth $11,672,000 after acquiring an additional 320,000 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of Invesco WilderHill Clean Energy ETF by 65.9% in the 4th quarter. LPL Financial LLC now owns 320,122 shares of the company’s stock worth $9,777,000 after acquiring an additional 127,191 shares during the last quarter.

Invesco WilderHill Clean Energy ETF Stock Down 4.3%

NYSEARCA PBW opened at $33.43 on Friday. The stock’s 50-day simple moving average is $39.93 and its two-hundred day simple moving average is $35.96. Invesco WilderHill Clean Energy ETF has a twelve month low of $21.78 and a twelve month high of $47.22. The company has a market capitalization of $412.19 million, a price-to-earnings ratio of 0.93 and a beta of 1.76.

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.