Invesco China Technology ETF (NYSEARCA:CQQQ) Short Interest Down 39.4% in August

Invesco China Technology ETF (NYSEARCA:CQQQ) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 565,350 shares, a decrease of 39.4% from the August 15th total of 932,567 shares. Based on an average daily trading volume, of 722,772 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.9% of the company’s shares are short sold.

Invesco China Technology ETF Trading Up 0.9%

CQQQ traded up $0.40 during trading on Wednesday, reaching $46.51. 209,491 shares of the company’s stock were exchanged, compared to its average volume of 1,206,877. Invesco China Technology ETF has a one year low of $44.29 and a one year high of $61.20. The stock has a market capitalization of $2.83 billion, a PE ratio of 20.61 and a beta of 0.63. The firm has a fifty day moving average price of $50.32 and a two-hundred day moving average price of $50.75.

Institutional Trading of Invesco China Technology ETF

A number of institutional investors and hedge funds have recently bought and sold shares of CQQQ. Manchester Capital Management LLC bought a new stake in shares of Invesco China Technology ETF in the 4th quarter valued at about $34,000. Group One Trading LLC boosted its holdings in Invesco China Technology ETF by 1,001.0% in the first quarter. Group One Trading LLC now owns 2,158 shares of the company’s stock valued at $99,000 after acquiring an additional 1,962 shares during the last quarter. Finley Financial LLC boosted its holdings in Invesco China Technology ETF by 54.6% in the second quarter. Finley Financial LLC now owns 2,010 shares of the company’s stock valued at $115,000 after acquiring an additional 710 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Invesco China Technology ETF during the 2nd quarter valued at approximately $139,000. Finally, Triumph Capital Management raised its holdings in Invesco China Technology ETF by 66.8% during the 2nd quarter. Triumph Capital Management now owns 3,734 shares of the company’s stock worth $213,000 after purchasing an additional 1,496 shares during the last quarter.

Invesco China Technology ETF Company Profile

Guggenheim China Technology ETF (the Fund), formerly Claymore China Technology ETF, seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called the AlphaShares China Technology Index (the Index). The Fund will invest at least 80% of its total assets in common stock, American depositary receipts (ADRs), American depositary shares (ADSs), global depositary receipts (GDRs) and international depositary receipts (IDRs) that comprise the Index and depositary receipts or shares representing common stocks included in the Index (or underlying securities representing ADRs, ADSs, GDRs and IDRs included in the Index).