Invesco Global Clean Energy ETF (NYSEARCA:PBD) Short Interest Down 33.0% in September

Invesco Global Clean Energy ETF (NYSEARCA:PBD) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 12,600 shares, a decline of 33.0% from the September 15th total of 18,800 shares. Based on an average daily trading volume, of 22,700 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily trading volume, of 22,700 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Trading of Invesco Global Clean Energy ETF

Hedge funds have recently made changes to their positions in the company. Olde Wealth Management LLC bought a new stake in shares of Invesco Global Clean Energy ETF in the first quarter valued at $34,000. Jones Financial Companies Lllp raised its stake in shares of Invesco Global Clean Energy ETF by 498.8% in the first quarter. Jones Financial Companies Lllp now owns 9,143 shares of the company’s stock valued at $96,000 after buying an additional 7,616 shares during the period. Flow Traders U.S. LLC bought a new stake in shares of Invesco Global Clean Energy ETF in the second quarter valued at $133,000. Bank of America Corp DE raised its stake in shares of Invesco Global Clean Energy ETF by 30.4% in the second quarter. Bank of America Corp DE now owns 11,643 shares of the company’s stock valued at $147,000 after buying an additional 2,714 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of Invesco Global Clean Energy ETF by 10.2% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 68,260 shares of the company’s stock valued at $719,000 after buying an additional 6,322 shares during the period.

Invesco Global Clean Energy ETF Price Performance

Shares of PBD opened at $16.21 on Wednesday. The firm has a market cap of $91.26 million, a PE ratio of 19.47 and a beta of 1.32. The stock’s fifty day moving average price is $14.90 and its two-hundred day moving average price is $13.05. Invesco Global Clean Energy ETF has a 1 year low of $9.02 and a 1 year high of $16.80.

About Invesco Global Clean Energy ETF

The Invesco Global Clean Energy ETF (PBD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of companies that focus on cleaner energy, weighted equally in tiers. PBD was launched on Jun 13, 2007 and is managed by Invesco.