Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) Short Interest Up 176.3% in August

Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 19,542 shares, an increase of 176.3% from the August 15th total of 7,074 shares. Currently, 0.9% of the company’s stock are short sold. Based on an average trading volume of 17,914 shares, the short-interest ratio is presently 1.1 days.

Invesco Energy Exploration & Production ETF Price Performance

Shares of NYSEARCA PXE opened at $42.65 on Friday. Invesco Energy Exploration & Production ETF has a 1-year low of $27.21 and a 1-year high of $43.23. The business has a fifty day moving average price of $38.78 and a 200 day moving average price of $37.07. The stock has a market capitalization of $93.40 million, a P/E ratio of 10.78 and a beta of 0.50.

Institutional Trading of Invesco Energy Exploration & Production ETF

A number of institutional investors have recently modified their holdings of PXE. Commonwealth Equity Services LLC raised its stake in shares of Invesco Energy Exploration & Production ETF by 2,201.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 202,564 shares of the company’s stock worth $5,662,000 after acquiring an additional 193,763 shares in the last quarter. Foundations Investment Advisors LLC acquired a new stake in Invesco Energy Exploration & Production ETF in the fourth quarter valued at approximately $5,476,000. Cetera Investment Advisers boosted its stake in Invesco Energy Exploration & Production ETF by 0.9% in the fourth quarter. Cetera Investment Advisers now owns 137,466 shares of the company’s stock valued at $3,842,000 after acquiring an additional 1,181 shares in the last quarter. Mraz Amerine & Associates Inc. boosted its stake in Invesco Energy Exploration & Production ETF by 6.1% in the second quarter. Mraz Amerine & Associates Inc. now owns 60,488 shares of the company’s stock valued at $2,049,000 after acquiring an additional 3,453 shares in the last quarter. Finally, Raymond James Financial Inc. grew its holdings in Invesco Energy Exploration & Production ETF by 14.7% in the second quarter. Raymond James Financial Inc. now owns 35,441 shares of the company’s stock worth $992,000 after purchasing an additional 4,541 shares during the last quarter.

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. Securities shown to possess the greatest capital appreciation potential are selected by the Index. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index.