Short Interest in Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Decreases By 42.0%

Invesco CEF Income Composite ETF (NYSEARCA:PCEF) was the recipient of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 31,453 shares, a drop of 42.0% from the July 30th total of 54,242 shares. Based on an average daily trading volume, of 81,139 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Invesco CEF Income Composite ETF

Several large investors have recently made changes to their positions in the company. Panoramic Investment Advisors LLC increased its position in shares of Invesco CEF Income Composite ETF by 1.0% during the fourth quarter. Panoramic Investment Advisors LLC now owns 54,905 shares of the company’s stock worth $1,092,000 after acquiring an additional 522 shares during the period. Comerica Bank lifted its position in shares of Invesco CEF Income Composite ETF by 2.5% in the 3rd quarter. Comerica Bank now owns 21,965 shares of the company’s stock worth $439,000 after purchasing an additional 538 shares during the period. Endowment Wealth Management Inc. boosted its stake in shares of Invesco CEF Income Composite ETF by 2.5% during the fourth quarter. Endowment Wealth Management Inc. now owns 27,628 shares of the company’s stock valued at $549,000 after purchasing an additional 673 shares in the last quarter. WealthShield Partners LLC increased its holdings in Invesco CEF Income Composite ETF by 1.2% during the fourth quarter. WealthShield Partners LLC now owns 63,163 shares of the company’s stock valued at $1,243,000 after buying an additional 748 shares during the period. Finally, Harbour Investments Inc. increased its holdings in Invesco CEF Income Composite ETF by 2.8% during the fourth quarter. Harbour Investments Inc. now owns 32,762 shares of the company’s stock valued at $651,000 after buying an additional 906 shares during the period.

Invesco CEF Income Composite ETF Stock Performance

Shares of Invesco CEF Income Composite ETF stock traded down $0.07 during trading on Monday, hitting $20.34. 91,700 shares of the stock were exchanged, compared to its average volume of 135,010. The stock’s fifty day moving average is $20.23 and its 200 day moving average is $19.92. The stock has a market cap of $814.01 million, a PE ratio of 23.11 and a beta of 0.75. Invesco CEF Income Composite ETF has a 12 month low of $18.30 and a 12 month high of $20.60.

About Invesco CEF Income Composite ETF

PowerShares CEF Income Composite Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the S-Network Composite Closed-End Fund Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of funds included in the Index. The Index tracks the overall performance of a global universe of United States listed closed-end funds that are organized under the laws of the United States selected by S-Network Global Indexes LLC (the Index Provider).