Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) Stock Short Interest Climbs 555.6%

Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 354 shares, a growth of 555.6% from the September 30th total of 54 shares. Based on an average daily volume of 10,069 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Trading of Invesco Bloomberg Pricing Power ETF

Several hedge funds have recently added to or reduced their stakes in the stock. IMC Chicago LLC grew its stake in shares of Invesco Bloomberg Pricing Power ETF by 9.0% during the 1st quarter. IMC Chicago LLC now owns 17,801 shares of the company’s stock worth $1,534,000 after acquiring an additional 1,473 shares during the period. 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 worth $1,043,000 after acquiring an additional 195 shares during the period. Hyundai Investments Co. Ltd. raised its position in shares of Invesco Bloomberg Pricing Power ETF by 12.9% in the second quarter. Hyundai Investments Co. Ltd. now owns 5,804 shares of the company’s stock worth $514,000 after buying an additional 664 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of Invesco Bloomberg Pricing Power ETF in the 2nd quarter valued at about $39,000. Finally, Mosley Wealth Management lifted its position in Invesco Bloomberg Pricing Power ETF by 12.6% during the third quarter. Mosley Wealth Management now owns 14,119 shares of the company’s stock valued at $1,282,000 after purchasing an additional 1,576 shares during the last quarter.

Invesco Bloomberg Pricing Power ETF Stock Down 0.6%

POWA traded down $0.55 during trading on Tuesday, hitting $91.42. The company’s stock had a trading volume of 2,962 shares, compared to its average volume of 3,902. The firm’s 50 day moving average price is $89.34 and its two-hundred day moving average price is $89.54. The stock has a market capitalization of $166.39 million, a price-to-earnings ratio of 26.20 and a beta of 0.76. Invesco Bloomberg Pricing Power ETF has a 12 month low of $84.53 and a 12 month high of $94.15.

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.