Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) Shares Shorted: Short Interest Up 64.0% in October

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF (NASDAQ:PEZ) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 869 shares, a growth of 64.0% from the September 30th total of 530 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 259 shares, the days-to-cover ratio is presently 3.4 days.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in PEZ. Genesee Capital Advisors LLC purchased a new position in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 3rd quarter worth approximately $254,000. Integrated Wealth Concepts LLC purchased a new stake in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF during the 2nd quarter worth approximately $107,000. Bank of America Corp DE boosted its stake in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 3.2% during the 1st quarter. Bank of America Corp DE now owns 25,825 shares of the company’s stock valued at $2,491,000 after buying an additional 807 shares during the last quarter. Cetera Investment Advisers grew its holdings in Invesco Dorsey Wright Consumer Cyclicals Momentum ETF by 3.2% during the 1st quarter. Cetera Investment Advisers now owns 10,287 shares of the company’s stock worth $992,000 after acquiring an additional 323 shares in the last quarter. Finally, Fifth Third Bancorp acquired a new stake in shares of Invesco Dorsey Wright Consumer Cyclicals Momentum ETF in the 1st quarter valued at about $241,000.

Invesco Dorsey Wright Consumer Cyclicals Momentum ETF Stock Up 2.1%

Shares of NASDAQ PEZ traded up $2.08 during midday trading on Monday, hitting $101.66. The company had a trading volume of 256 shares, compared to its average volume of 682. Invesco Dorsey Wright Consumer Cyclicals Momentum ETF has a twelve month low of $90.81 and a twelve month high of $110.43. The firm has a market capitalization of $22.36 million, a price-to-earnings ratio of 24.30 and a beta of 1.16. The business has a 50-day simple moving average of $96.09 and a two-hundred day simple moving average of $99.95.

About Invesco Dorsey Wright Consumer Cyclicals Momentum ETF

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. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index consists of stocks of 60 United States consumer companies. These are companies that are principally engaged in the businesses of providing consumer goods and services that are cyclical in nature, including retail, automotive, leisure and recreation, media and real estate.