Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) Short Interest Update

Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 98,908 shares, a growth of 2,180.6% from the April 15th total of 4,337 shares. Based on an average daily trading volume, of 143,695 shares, the short-interest ratio is currently 0.7 days. Currently, 3.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Invesco Energy Exploration & Production ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Foundations Investment Advisors LLC bought a new stake in shares of Invesco Energy Exploration & Production ETF in the 4th quarter valued at about $5,476,000. Commonwealth Equity Services LLC grew its position in shares of Invesco Energy Exploration & Production ETF by 2,201.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 202,564 shares of the company’s stock valued at $5,662,000 after buying an additional 193,763 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of Invesco Energy Exploration & Production ETF in the 1st quarter valued at about $1,176,000. PCG Wealth Advisors LLC bought a new stake in shares of Invesco Energy Exploration & Production ETF in the 3rd quarter valued at about $398,000. Finally, IHT Wealth Management LLC bought a new stake in shares of Invesco Energy Exploration & Production ETF in the 4th quarter valued at about $368,000.

Invesco Energy Exploration & Production ETF Stock Performance

Shares of Invesco Energy Exploration & Production ETF stock traded down $0.54 during trading on Wednesday, reaching $36.22. 6,646 shares of the company’s stock were exchanged, compared to its average volume of 55,119. Invesco Energy Exploration & Production ETF has a 1-year low of $26.42 and a 1-year high of $40.74. The company has a market cap of $120.61 million, a P/E ratio of 10.78 and a beta of 0.52. The firm’s 50-day moving average price is $36.87 and its 200 day moving average price is $32.13.

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.