Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) Stock Short Interest Report for September

Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 125,214 shares, a growth of 1,055.6% from the September 15th total of 10,835 shares. Based on an average daily volume of 167,985 shares, the short-interest ratio is presently 0.7 days. Approximately 3.5% of the company’s shares are sold short.

Invesco Energy Exploration & Production ETF Stock Performance

Shares of NYSEARCA PXE traded down $0.45 during trading on Friday, reaching $42.42. The stock had a trading volume of 68,086 shares, compared to its average volume of 55,660. The company has a market cap of $150.59 million, a P/E ratio of 10.78 and a beta of 0.59. Invesco Energy Exploration & Production ETF has a fifty-two week low of $27.21 and a fifty-two week high of $44.01. The business’s 50-day moving average price is $40.57 and its 200-day moving average price is $37.93.

Hedge Funds Weigh In On Invesco Energy Exploration & Production ETF

Several institutional investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its stake in Invesco Energy Exploration & Production ETF by 15.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,233 shares of the company’s stock worth $279,000 after purchasing an additional 1,074 shares in the last quarter. Mraz Amerine & Associates Inc. boosted its stake in shares of Invesco Energy Exploration & Production ETF by 6.1% in the 2nd quarter. Mraz Amerine & Associates Inc. now owns 60,488 shares of the company’s stock valued at $2,049,000 after buying an additional 3,453 shares during the period. Citadel Advisors LLC acquired a new position in shares of Invesco Energy Exploration & Production ETF during the second quarter worth about $237,000. Western Wealth Management LLC acquired a new position in shares of Invesco Energy Exploration & Production ETF during the first quarter worth about $50,000. Finally, Sunbelt Securities Inc. purchased a new stake in shares of Invesco Energy Exploration & Production ETF during the first quarter worth approximately $182,000.

Invesco Energy Exploration & Production ETF Company Profile

PowerShares Dynamic Energy Exploration & Production Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Energy Exploration & Production Intellidex Index (the Index). The Index evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors. Securities shown to possess the greatest capital appreciation potential are selected by the Index. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.