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

Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) was the target of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 1,563,475 shares, a decrease of 26.7% from the February 26th total of 2,133,322 shares. Currently, 7.4% of the shares of the stock are sold short. Based on an average trading volume of 1,156,877 shares, the short-interest ratio is currently 1.4 days.

Invesco WilderHill Clean Energy ETF Stock Performance

Invesco WilderHill Clean Energy ETF stock opened at $30.08 on Tuesday. The business’s fifty day moving average is $33.27 and its two-hundred day moving average is $32.17. The firm has a market cap of $632.58 million, a P/E ratio of 0.93 and a beta of 1.77. Invesco WilderHill Clean Energy ETF has a 52 week low of $13.19 and a 52 week high of $36.58.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bartlett & CO. Wealth Management LLC bought a new position in shares of Invesco WilderHill Clean Energy ETF in the fourth quarter worth about $27,000. JPMorgan Chase & Co. grew its stake in shares of Invesco WilderHill Clean Energy ETF by 42.9% during the second quarter. JPMorgan Chase & Co. now owns 1,415 shares of the company’s stock valued at $28,000 after purchasing an additional 425 shares during the last quarter. Johnson Financial Group Inc. acquired a new stake in shares of Invesco WilderHill Clean Energy ETF in the second quarter valued at approximately $42,000. Advisors Preferred LLC acquired a new stake in shares of Invesco WilderHill Clean Energy ETF in the third quarter valued at approximately $42,000. Finally, Flagship Harbor Advisors LLC bought a new position in Invesco WilderHill Clean Energy ETF in the 4th quarter worth approximately $57,000.

Invesco WilderHill Clean Energy ETF Company Profile

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.