Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Sees Significant Decrease in Short Interest

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) saw a large decline in short interest in December. As of December 15th, there was short interest totalling 400 shares, a decline of 85.7% from the November 30th total of 2,800 shares. Based on an average trading volume of 3,200 shares, the short-interest ratio is currently 0.1 days.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Trading Up 0.1 %

Shares of PEZ stock traded up $0.10 on Thursday, reaching $101.26. 2,521 shares of the stock were exchanged, compared to its average volume of 4,819. The company has a market capitalization of $68.86 million, a price-to-earnings ratio of 19.95 and a beta of 1.29. The business’s 50 day moving average price is $106.43 and its 200 day moving average price is $100.87. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF has a twelve month low of $79.21 and a twelve month high of $113.42.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in PEZ. Transamerica Financial Advisors Inc. lifted its stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 0.3% during the third quarter. Transamerica Financial Advisors Inc. now owns 146,405 shares of the company’s stock worth $15,235,000 after purchasing an additional 397 shares during the last quarter. Financial Management Professionals Inc. acquired a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the third quarter valued at approximately $1,743,000. Silver Oak Securities Incorporated boosted its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 65.2% in the third quarter. Silver Oak Securities Incorporated now owns 21,791 shares of the company’s stock valued at $2,270,000 after purchasing an additional 8,602 shares in the last quarter. SPC Financial Inc. boosted its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 1.8% in the second quarter. SPC Financial Inc. now owns 9,888 shares of the company’s stock valued at $949,000 after purchasing an additional 178 shares in the last quarter. Finally, Commonwealth Equity Services LLC acquired a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the second quarter valued at approximately $497,000.

About Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

PowerShares Dynamic Consumer Discretionary Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Discretionary Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer companies.