Short Interest in Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI) Grows By 133.7%

Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI) saw a large growth in short interest in December. As of December 15th, there was short interest totaling 458 shares, a growth of 133.7% from the November 30th total of 196 shares. Based on an average daily volume of 2,093 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 2,093 shares, the days-to-cover ratio is presently 0.2 days.

Invesco Dorsey Wright Energy Momentum ETF Trading Down 0.8%

Shares of NASDAQ PXI opened at $44.99 on Monday. The firm has a market capitalization of $42.29 million, a price-to-earnings ratio of 17.22 and a beta of 0.93. Invesco Dorsey Wright Energy Momentum ETF has a one year low of $34.54 and a one year high of $48.88. The business has a fifty day simple moving average of $46.51 and a 200 day simple moving average of $45.03.

Invesco Dorsey Wright Energy Momentum ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a $0.2296 dividend. The ex-dividend date was Monday, December 22nd. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.0%. This is a positive change from Invesco Dorsey Wright Energy Momentum ETF’s previous quarterly dividend of $0.22.

Institutional Trading of Invesco Dorsey Wright Energy Momentum ETF

Several institutional investors have recently made changes to their positions in the business. Sunbelt Securities Inc. acquired a new position in Invesco Dorsey Wright Energy Momentum ETF in the third quarter worth $458,000. Clear Creek Financial Management LLC raised its holdings in shares of Invesco Dorsey Wright Energy Momentum ETF by 43.4% in the third quarter. Clear Creek Financial Management LLC now owns 85,685 shares of the company’s stock valued at $4,016,000 after buying an additional 25,934 shares during the last quarter. Trueblood Wealth Management LLC lifted its position in Invesco Dorsey Wright Energy Momentum ETF by 5.9% during the 3rd quarter. Trueblood Wealth Management LLC now owns 10,338 shares of the company’s stock worth $485,000 after buying an additional 575 shares in the last quarter. Osaic Holdings Inc. lifted its position in Invesco Dorsey Wright Energy Momentum ETF by 27.6% during the 2nd quarter. Osaic Holdings Inc. now owns 2,366 shares of the company’s stock worth $102,000 after buying an additional 512 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its holdings in Invesco Dorsey Wright Energy Momentum ETF by 49.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 13,374 shares of the company’s stock worth $577,000 after acquiring an additional 4,431 shares during the last quarter.

About Invesco Dorsey Wright Energy Momentum ETF

PowerShares Dynamic Energy Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Energy Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund invests in sectors, such as energy, materials and utilities. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investments and risk factors.