Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) Short Interest Up 13.6% in April

Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 355,697 shares, a growth of 13.6% from the March 31st total of 313,204 shares. Currently, 2.8% of the company’s shares are short sold. Based on an average daily volume of 578,482 shares, the days-to-cover ratio is presently 0.6 days.

Hedge Funds Weigh In On Invesco WilderHill Clean Energy ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. HighTower Advisors LLC acquired a new stake in shares of Invesco WilderHill Clean Energy ETF during the third quarter worth $23,465,000. Millennium Management LLC lifted its stake in Invesco WilderHill Clean Energy ETF by 514.6% in the fourth quarter. Millennium Management LLC now owns 382,190 shares of the company’s stock valued at $11,672,000 after buying an additional 320,000 shares during the period. Kingsview Wealth Management LLC lifted its stake in Invesco WilderHill Clean Energy ETF by 2,793.0% in the fourth quarter. Kingsview Wealth Management LLC now owns 234,565 shares of the company’s stock valued at $7,164,000 after buying an additional 226,457 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Invesco WilderHill Clean Energy ETF by 78.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 471,799 shares of the company’s stock worth $14,409,000 after buying an additional 208,119 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in Invesco WilderHill Clean Energy ETF by 107.0% during the second quarter. BNP Paribas Financial Markets now owns 299,315 shares of the company’s stock worth $5,962,000 after buying an additional 154,712 shares during the last quarter.

Invesco WilderHill Clean Energy ETF Price Performance

Shares of NYSEARCA PBW traded up $0.47 during mid-day trading on Friday, hitting $38.70. The company’s stock had a trading volume of 490,866 shares, compared to its average volume of 941,316. Invesco WilderHill Clean Energy ETF has a one year low of $15.90 and a one year high of $38.89. The company’s fifty day simple moving average is $33.35 and its 200-day simple moving average is $32.94. The stock has a market cap of $462.85 million, a price-to-earnings ratio of 0.93 and a beta of 1.72.

Invesco WilderHill Clean Energy ETF Company Profile

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.