Invesco Global Clean Energy ETF (NYSEARCA:PBD) Short Interest Update

Invesco Global Clean Energy ETF (NYSEARCA:PBD) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 116,785 shares, a growth of 246.5% from the July 30th total of 33,709 shares. Based on an average daily volume of 50,508 shares, the days-to-cover ratio is presently 2.3 days. Currently, 1.1% of the shares of the company are short sold.

Hedge Funds Weigh In On Invesco Global Clean Energy ETF

Hedge funds have recently made changes to their positions in the stock. HighTower Advisors LLC acquired a new stake in shares of Invesco Global Clean Energy ETF during the 4th quarter worth approximately $30,845,000. Royal Bank of Canada raised its holdings in Invesco Global Clean Energy ETF by 2,798.7% during the fourth quarter. Royal Bank of Canada now owns 342,688 shares of the company’s stock worth $5,512,000 after purchasing an additional 330,866 shares in the last quarter. LPL Financial LLC raised its stake in shares of Invesco Global Clean Energy ETF by 260.7% in the 4th quarter. LPL Financial LLC now owns 218,412 shares of the company’s stock worth $3,513,000 after buying an additional 157,859 shares in the last quarter. Stifel Financial Corp grew its holdings in Invesco Global Clean Energy ETF by 812.2% during the fourth quarter. Stifel Financial Corp now owns 169,828 shares of the company’s stock worth $2,731,000 after acquiring an additional 151,210 shares during the period. Finally, UBS Group AG raised its holdings in shares of Invesco Global Clean Energy ETF by 347.3% in the 4th quarter. UBS Group AG now owns 163,790 shares of the company’s stock worth $2,634,000 after purchasing an additional 127,175 shares in the last quarter.

Invesco Global Clean Energy ETF Price Performance

Shares of PBD stock opened at $17.95 on Thursday. The business’s fifty day moving average price is $18.46 and its 200 day moving average price is $19.11. The firm has a market capitalization of $189.01 million, a PE ratio of 19.47 and a beta of 1.35. Invesco Global Clean Energy ETF has a 1-year low of $13.73 and a 1-year high of $22.58.

Invesco Global Clean Energy ETF Company Profile

The Invesco Global Clean Energy ETF (PBD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of companies that focus on cleaner energy, weighted equally in tiers. PBD was launched on Jun 13, 2007 and is managed by Invesco.