Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) Short Interest Update

Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 636,730 shares, a drop of 37.4% from the May 31st total of 1,017,632 shares. Based on an average daily trading volume, of 812,623 shares, the days-to-cover ratio is currently 0.8 days. Currently, 5.3% of the company’s shares are short sold.

Institutional Trading of Invesco WilderHill Clean Energy ETF

Several large investors have recently added to or reduced their stakes in PBW. Bartlett & CO. Wealth Management LLC purchased a new position in Invesco WilderHill Clean Energy ETF during the 4th quarter valued at $27,000. JPMorgan Chase & Co. lifted its position in shares of Invesco WilderHill Clean Energy ETF by 42.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,415 shares of the company’s stock worth $28,000 after purchasing an additional 425 shares during the period. Johnson Financial Group Inc. lifted its position in shares of Invesco WilderHill Clean Energy ETF by 274.9% in the 1st quarter. Johnson Financial Group Inc. now owns 1,436 shares of the company’s stock worth $45,000 after purchasing an additional 1,053 shares during the period. Flagship Harbor Advisors LLC purchased a new stake in shares of Invesco WilderHill Clean Energy ETF in the 4th quarter worth about $57,000. Finally, Kestra Advisory Services LLC bought a new stake in shares of Invesco WilderHill Clean Energy ETF during the 4th quarter valued at about $89,000.

Invesco WilderHill Clean Energy ETF Stock Performance

Shares of PBW stock opened at $36.58 on Friday. Invesco WilderHill Clean Energy ETF has a fifty-two week low of $21.06 and a fifty-two week high of $47.22. The firm has a market cap of $475.54 million, a P/E ratio of 0.93 and a beta of 1.76. The business’s 50 day moving average price is $40.44 and its 200-day moving average price is $35.70.

About Invesco WilderHill Clean Energy ETF

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.