Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) Short Interest Up 289.7% in April

Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) was the recipient of a significant growth in short interest in April. As of April 30th, there was short interest totaling 565 shares, a growth of 289.7% from the April 15th total of 145 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 2,565 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On Invesco Bloomberg Pricing Power ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. CWM LLC increased its holdings in Invesco Bloomberg Pricing Power ETF by 21.0% during the 4th quarter. CWM LLC now owns 708 shares of the company’s stock valued at $64,000 after purchasing an additional 123 shares in the last quarter. Calton & Associates Inc. increased its holdings in Invesco Bloomberg Pricing Power ETF by 6.3% during the 4th quarter. Calton & Associates Inc. now owns 2,374 shares of the company’s stock valued at $214,000 after purchasing an additional 140 shares in the last quarter. Kestra Advisory Services LLC increased its holdings in Invesco Bloomberg Pricing Power ETF by 1.6% during the 1st quarter. Kestra Advisory Services LLC now owns 12,110 shares of the company’s stock valued at $1,043,000 after purchasing an additional 195 shares in the last quarter. Bank of America Corp DE increased its holdings in Invesco Bloomberg Pricing Power ETF by 1.0% during the 3rd quarter. Bank of America Corp DE now owns 20,170 shares of the company’s stock valued at $1,826,000 after purchasing an additional 206 shares in the last quarter. Finally, Avant Capital LLC increased its holdings in Invesco Bloomberg Pricing Power ETF by 1.6% during the 4th quarter. Avant Capital LLC now owns 16,235 shares of the company’s stock valued at $1,460,000 after purchasing an additional 257 shares in the last quarter.

Invesco Bloomberg Pricing Power ETF Stock Performance

NYSEARCA POWA traded down $0.65 on Wednesday, reaching $85.71. The stock had a trading volume of 1,470 shares, compared to its average volume of 3,169. Invesco Bloomberg Pricing Power ETF has a 12-month low of $83.48 and a 12-month high of $93.93. The business’s 50-day moving average price is $88.02 and its 200 day moving average price is $90.28. The stock has a market cap of $178.28 million, a P/E ratio of 26.20 and a beta of 0.79.

Invesco Bloomberg Pricing Power ETF Company Profile

The Invesco Bloomberg Pricing Power ETF (POWA) is an exchange-traded fund that is based on the Bloomberg Pricing Power index. The fund selects US large- and mid-cap stocks of companies considered well-positioned to maintain stable profit margins in all market conditions. Stocks satisfying a four factor screening process are included in the index, on an equal-weight basis POWA was launched on Dec 15, 2006 and is issued by Invesco.