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

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) saw a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 1,500 shares, a decline of 28.6% from the January 31st total of 2,100 shares. Based on an average daily volume of 3,600 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

Large investors have recently modified their holdings of the company. Global Retirement Partners LLC bought a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 4th quarter valued at $25,000. Harbour Investments Inc. purchased a new stake in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the fourth quarter worth $49,000. Advisory Services Network LLC bought a new stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the fourth quarter valued at $209,000. Cetera Investment Advisers purchased a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the fourth quarter worth about $268,000. Finally, GeoWealth Management LLC grew its position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 44.3% during the fourth quarter. GeoWealth Management LLC now owns 4,169 shares of the company’s stock worth $412,000 after buying an additional 1,279 shares in the last quarter.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Stock Down 2.1 %

PEZ traded down $2.03 during trading on Monday, reaching $95.83. 2,193 shares of the company were exchanged, compared to its average volume of 3,595. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF has a 12-month low of $85.78 and a 12-month high of $113.42. The company’s 50-day moving average is $101.90 and its two-hundred day moving average is $103.07. The company has a market cap of $66.12 million, a price-to-earnings ratio of 28.64 and a beta of 1.29.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Company Profile

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.