Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Short Interest Update

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 300 shares, a growth of 200.0% from the August 15th total of 100 shares. Based on an average daily trading volume, of 5,000 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 5,000 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of PEZ. Cetera Investment Advisers acquired a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 4th quarter valued at $268,000. Farther Finance Advisors LLC acquired a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 1st quarter valued at $779,000. Trueblood Wealth Management LLC acquired a new stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 1st quarter valued at approximately $347,000. Janney Montgomery Scott LLC grew its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 1.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 64,678 shares of the company’s stock valued at $5,562,000 after buying an additional 1,069 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 2.8% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 18,051 shares of the company’s stock valued at $1,552,000 after buying an additional 498 shares during the last quarter.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Stock Performance

PEZ opened at $100.62 on Friday. The business has a 50 day moving average price of $99.81 and a 200 day moving average price of $93.34. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF has a twelve month low of $76.23 and a twelve month high of $113.42. The firm has a market cap of $31.19 million, a P/E ratio of 24.30 and a beta of 1.29.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Monday, June 23rd were paid a $0.1169 dividend. This represents a $0.47 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, June 23rd. This is a boost from Invesco Dorsey Wright Consumer Cyclicals Momentum ETF’s previous quarterly dividend of $0.12.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Company Profile

PowerShares Dynamic Consumer Discretionary Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Discretionary Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer companies.