Invesco Water Resources ETF (NASDAQ:PHO) Stock Short Interest Report for September

Invesco Water Resources ETF (NASDAQ:PHO) saw a significant increase in short interest in September. As of September 30th, there was short interest totaling 115,757 shares, an increase of 92.7% from the September 15th total of 60,063 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 72,554 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Trading of Invesco Water Resources ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada raised its holdings in Invesco Water Resources ETF by 13.3% during the 1st quarter. Royal Bank of Canada now owns 335,431 shares of the company’s stock valued at $22,428,000 after buying an additional 39,491 shares during the period. PNC Financial Services Group Inc. lifted its position in Invesco Water Resources ETF by 1.6% during the first quarter. PNC Financial Services Group Inc. now owns 295,258 shares of the company’s stock valued at $19,741,000 after acquiring an additional 4,675 shares during the last quarter. Hamilton Wealth LLC raised its position in shares of Invesco Water Resources ETF by 110.0% in the 1st quarter. Hamilton Wealth LLC now owns 247,036 shares of the company’s stock valued at $16,517,000 after purchasing an additional 129,405 shares during the last quarter. Prism Advisors Inc. boosted its position in Invesco Water Resources ETF by 12.0% in the first quarter. Prism Advisors Inc. now owns 186,428 shares of the company’s stock valued at $12,465,000 after buying an additional 19,912 shares during the last quarter. Finally, Thryve Wealth Management LLC purchased a new stake in Invesco Water Resources ETF in the fourth quarter valued at $6,812,000.

Invesco Water Resources ETF Price Performance

Invesco Water Resources ETF stock traded down $0.12 during mid-day trading on Friday, reaching $70.06. The stock had a trading volume of 40,428 shares, compared to its average volume of 91,351. Invesco Water Resources ETF has a one year low of $63.54 and a one year high of $74.93. The company has a 50-day moving average price of $69.98 and a two-hundred day moving average price of $68.73. The company has a market capitalization of $1.95 billion, a price-to-earnings ratio of 25.38 and a beta of 0.95.

About Invesco Water Resources ETF

PowerShares Water Resources Portfolio (the Fund) seeks investment results that generally correspond to the price yield of the NASDAQ OMX US Water Index (the Underlying Index). The Fund generally will invest at least 90% of its total assets in common stocks that comprise the Underlying Index. The Underlying Index seeks to track the performance of the United States exchange-listed companies that create products designed to conserve and purify water for homes, businesses and industries. The Fund invests in the sector such, such as industrials, utilities, healthcare, information technology and materials.