Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) Sees Large Increase in Short Interest

Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 841,968 shares, an increase of 102.6% from the December 31st total of 415,487 shares. Based on an average daily trading volume, of 954,257 shares, the short-interest ratio is presently 0.9 days. Approximately 3.7% of the company’s stock are short sold. Approximately 3.7% of the company’s stock are short sold. Based on an average daily trading volume, of 954,257 shares, the short-interest ratio is presently 0.9 days.

Institutional Trading of Invesco WilderHill Clean Energy ETF

A number of institutional investors have recently made changes to their positions in PBW. Wealthfront Advisers LLC grew its stake in Invesco WilderHill Clean Energy ETF by 1.4% during the 4th quarter. Wealthfront Advisers LLC now owns 21,204 shares of the company’s stock worth $648,000 after buying an additional 285 shares during the last quarter. Comerica Bank boosted its holdings in Invesco WilderHill Clean Energy ETF by 119.8% in the fourth quarter. Comerica Bank now owns 6,452 shares of the company’s stock worth $197,000 after acquiring an additional 3,517 shares in the last quarter. Q3 Asset Management purchased a new stake in shares of Invesco WilderHill Clean Energy ETF during the fourth quarter worth about $1,389,000. Financial Management Professionals Inc. grew its stake in shares of Invesco WilderHill Clean Energy ETF by 343,206.7% during the fourth quarter. Financial Management Professionals Inc. now owns 51,496 shares of the company’s stock worth $1,573,000 after acquiring an additional 51,481 shares during the last quarter. Finally, Bartlett & CO. Wealth Management LLC acquired a new position in shares of Invesco WilderHill Clean Energy ETF during the fourth quarter valued at about $27,000.

Invesco WilderHill Clean Energy ETF Stock Down 5.1%

NYSEARCA:PBW opened at $33.74 on Friday. The stock has a market capitalization of $753.75 million, a price-to-earnings ratio of 0.93 and a beta of 1.77. Invesco WilderHill Clean Energy ETF has a 52 week low of $13.19 and a 52 week high of $36.58. The firm has a 50 day moving average of $32.76 and a 200 day moving average of $29.69.

About Invesco WilderHill Clean Energy ETF

The Invesco WilderHill Clean Energy ETF (PBW) is an exchange-traded fund that is based on the The WilderHill Clean Energy (AMEX) index. The fund tracks a modified equal-weighted index of companies involved in cleaner energy sources or energy conservation. PBW was launched on Mar 3, 2005 and is managed by Invesco.