Short Interest in Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) Grows By 92.3%

Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 5,000 shares, a growth of 92.3% from the August 31st total of 2,600 shares. Based on an average daily trading volume, of 16,700 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 16,700 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Invesco Energy Exploration & Production ETF

Several large investors have recently added to or reduced their stakes in PXE. Two Sigma Investments LP purchased a new stake in shares of Invesco Energy Exploration & Production ETF in the fourth quarter valued at $391,000. Cetera Investment Advisers grew its holdings in Invesco Energy Exploration & Production ETF by 35.3% during the 1st quarter. Cetera Investment Advisers now owns 129,717 shares of the company’s stock valued at $3,798,000 after purchasing an additional 33,852 shares during the last quarter. Mraz Amerine & Associates Inc. raised its position in Invesco Energy Exploration & Production ETF by 2.7% in the 1st quarter. Mraz Amerine & Associates Inc. now owns 38,549 shares of the company’s stock worth $1,119,000 after purchasing an additional 1,007 shares during the period. One Plus One Wealth Management LLC lifted its stake in Invesco Energy Exploration & Production ETF by 2.3% in the first quarter. One Plus One Wealth Management LLC now owns 142,080 shares of the company’s stock worth $4,160,000 after purchasing an additional 3,215 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its position in shares of Invesco Energy Exploration & Production ETF by 9.7% during the second quarter. Osaic Holdings Inc. now owns 10,039 shares of the company’s stock valued at $281,000 after buying an additional 891 shares during the period.

Invesco Energy Exploration & Production ETF Trading Up 1.0%

Shares of Invesco Energy Exploration & Production ETF stock opened at $29.64 on Tuesday. The firm has a market cap of $72.91 million, a PE ratio of 10.78 and a beta of 1.83. The stock has a 50 day moving average of $28.91 and a 200 day moving average of $27.88. Invesco Energy Exploration & Production ETF has a 12 month low of $22.19 and a 12 month high of $32.84.

Invesco Energy Exploration & Production ETF Company Profile

PowerShares Dynamic Energy Exploration & Production Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Energy Exploration & Production Intellidex Index (the Index). The Index evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors.