Short Interest in Invesco China Technology ETF (NYSEARCA:CQQQ) Decreases By 69.5%

Invesco China Technology ETF (NYSEARCA:CQQQ) was the target of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 416,767 shares, a decrease of 69.5% from the November 30th total of 1,366,967 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average trading volume of 1,156,742 shares, the short-interest ratio is currently 0.4 days. Based on an average trading volume of 1,156,742 shares, the short-interest ratio is currently 0.4 days. Currently, 0.8% of the company’s stock are short sold.

Invesco China Technology ETF Price Performance

CQQQ traded up $0.33 on Friday, hitting $52.23. The company had a trading volume of 1,179,492 shares, compared to its average volume of 912,481. The stock has a market cap of $2.88 billion, a price-to-earnings ratio of 20.61 and a beta of 0.43. The company’s fifty day moving average price is $53.57 and its 200 day moving average price is $51.20. Invesco China Technology ETF has a 1-year low of $35.62 and a 1-year high of $61.20.

Institutional Trading of Invesco China Technology ETF

Several large investors have recently modified their holdings of the company. PNC Financial Services Group Inc. acquired a new position in Invesco China Technology ETF in the 3rd quarter valued at $288,682,000. Bank of Nova Scotia bought a new stake in Invesco China Technology ETF during the third quarter valued at about $119,817,000. Citadel Advisors LLC grew its position in shares of Invesco China Technology ETF by 5,111.4% in the third quarter. Citadel Advisors LLC now owns 1,086,309 shares of the company’s stock valued at $64,103,000 after purchasing an additional 1,065,464 shares during the last quarter. Schroder Investment Management Group increased its stake in shares of Invesco China Technology ETF by 7.0% in the third quarter. Schroder Investment Management Group now owns 1,000,000 shares of the company’s stock worth $58,200,000 after purchasing an additional 65,000 shares during the period. Finally, Meitav Investment House Ltd. increased its stake in shares of Invesco China Technology ETF by 240.0% in the second quarter. Meitav Investment House Ltd. now owns 970,420 shares of the company’s stock worth $42,966,000 after purchasing an additional 685,000 shares during the period.

About Invesco China Technology ETF

Guggenheim China Technology ETF (the Fund), formerly Claymore China Technology ETF, seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called the AlphaShares China Technology Index (the Index). The Fund will invest at least 80% of its total assets in common stock, American depositary receipts (ADRs), American depositary shares (ADSs), global depositary receipts (GDRs) and international depositary receipts (IDRs) that comprise the Index and depositary receipts or shares representing common stocks included in the Index (or underlying securities representing ADRs, ADSs, GDRs and IDRs included in the Index).