Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Short Interest Update

Invesco CEF Income Composite ETF (NYSEARCA:PCEF) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 159,948 shares, an increase of 408.5% from the August 15th total of 31,453 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average trading volume of 101,097 shares, the days-to-cover ratio is currently 1.6 days.

Invesco CEF Income Composite ETF Stock Up 0.3%

Shares of Invesco CEF Income Composite ETF stock traded up $0.05 during trading on Friday, reaching $19.99. The company’s stock had a trading volume of 68,778 shares, compared to its average volume of 134,521. Invesco CEF Income Composite ETF has a 52-week low of $18.30 and a 52-week high of $20.60. The company has a market cap of $800.00 million, a price-to-earnings ratio of 23.11 and a beta of 0.76. The firm’s 50-day moving average is $20.24 and its two-hundred day moving average is $19.92.

Institutional Trading of Invesco CEF Income Composite ETF

Several institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada boosted its holdings in shares of Invesco CEF Income Composite ETF by 62.4% during the fourth quarter. Royal Bank of Canada now owns 3,044,256 shares of the company’s stock worth $60,520,000 after purchasing an additional 1,169,654 shares during the period. Raymond James Financial Inc. increased its holdings in Invesco CEF Income Composite ETF by 13.6% during the 2nd quarter. Raymond James Financial Inc. now owns 1,152,972 shares of the company’s stock valued at $22,529,000 after purchasing an additional 137,590 shares during the period. Sykon Capital LLC raised its position in Invesco CEF Income Composite ETF by 76.4% during the 3rd quarter. Sykon Capital LLC now owns 169,758 shares of the company’s stock valued at $3,390,000 after purchasing an additional 73,543 shares during the last quarter. Larson Financial Group LLC raised its position in Invesco CEF Income Composite ETF by 6.8% during the 4th quarter. Larson Financial Group LLC now owns 953,156 shares of the company’s stock valued at $18,949,000 after purchasing an additional 60,706 shares during the last quarter. Finally, Intrua Financial LLC lifted its holdings in Invesco CEF Income Composite ETF by 10.5% in the 4th quarter. Intrua Financial LLC now owns 583,845 shares of the company’s stock worth $11,607,000 after buying an additional 55,676 shares during the period.

About Invesco CEF Income Composite ETF

PowerShares CEF Income Composite Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the S-Network Composite Closed-End Fund Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of funds included in the Index. The Index tracks the overall performance of a global universe of United States listed closed-end funds that are organized under the laws of the United States selected by S-Network Global Indexes LLC (the Index Provider).