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

Invesco WilderHill Clean Energy ETF (NYSEARCA:PBW) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 1,017,632 shares, a growth of 182.0% from the May 14th total of 360,805 shares. Based on an average trading volume of 1,235,730 shares, the short-interest ratio is currently 0.8 days. Approximately 8.5% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Cetera Investment Advisers lifted its stake in Invesco WilderHill Clean Energy ETF by 322.5% during the first quarter. Cetera Investment Advisers now owns 72,289 shares of the company’s stock worth $2,283,000 after purchasing an additional 55,181 shares in the last quarter. Johnson Financial Group Inc. lifted its stake in Invesco WilderHill Clean Energy ETF by 274.9% during the first quarter. Johnson Financial Group Inc. now owns 1,436 shares of the company’s stock worth $45,000 after purchasing an additional 1,053 shares in the last quarter. Wealthfront Advisers LLC lifted its stake in Invesco WilderHill Clean Energy ETF by 1.2% during the first quarter. Wealthfront Advisers LLC now owns 21,460 shares of the company’s stock worth $678,000 after purchasing an additional 256 shares in the last quarter. Nwam LLC lifted its stake in Invesco WilderHill Clean Energy ETF by 4.8% during the first quarter. Nwam LLC now owns 32,495 shares of the company’s stock worth $1,026,000 after purchasing an additional 1,476 shares in the last quarter. Finally, Fifth Third Bancorp acquired a new stake in shares of Invesco WilderHill Clean Energy ETF in the first quarter valued at $211,000.

Invesco WilderHill Clean Energy ETF Price Performance

PBW traded up $0.39 during trading hours on Friday, reaching $40.10. The company’s stock had a trading volume of 263,209 shares, compared to its average volume of 962,529. Invesco WilderHill Clean Energy ETF has a fifty-two week low of $18.57 and a fifty-two week high of $47.22. The stock has a market cap of $479.60 million, a PE ratio of 0.93 and a beta of 1.75. The business’s 50-day moving average is $38.75 and its 200-day moving average is $34.88.

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.