Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) Short Interest Update

Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 262,420 shares, an increase of 162.9% from the April 30th total of 99,828 shares. Approximately 6.5% of the company’s shares are short sold. Based on an average trading volume of 41,541 shares, the short-interest ratio is currently 6.3 days.

Institutional Investors Weigh In On Invesco Leisure and Entertainment ETF

Large investors have recently modified their holdings of the stock. Qube Research & Technologies Ltd bought a new stake in shares of Invesco Leisure and Entertainment ETF during the 3rd quarter valued at about $29,000. Advisors Preferred LLC bought a new stake in shares of Invesco Leisure and Entertainment ETF during the 3rd quarter valued at about $30,000. SHP Wealth Management bought a new stake in shares of Invesco Leisure and Entertainment ETF during the 4th quarter valued at about $42,000. Advisory Services Network LLC bought a new stake in shares of Invesco Leisure and Entertainment ETF during the 3rd quarter valued at about $52,000. Finally, Fifth Third Bancorp bought a new stake in shares of Invesco Leisure and Entertainment ETF during the 1st quarter valued at about $64,000.

Invesco Leisure and Entertainment ETF Price Performance

Invesco Leisure and Entertainment ETF stock traded up $0.11 during trading hours on Friday, reaching $62.84. The stock had a trading volume of 82,472 shares, compared to its average volume of 34,044. The stock has a market cap of $252.62 million, a PE ratio of 20.24 and a beta of 1.09. Invesco Leisure and Entertainment ETF has a 52 week low of $52.67 and a 52 week high of $64.55. The company has a fifty day simple moving average of $60.14 and a 200-day simple moving average of $60.22.

About Invesco Leisure and Entertainment ETF

PowerShares Dynamic Leisure and Entertainment Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Leisure and Entertainment Intellidex Index (the Index). The Index is designed to provide capital appreciation by thoroughly evaluating companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors. The Index consists of stocks of 30 United States leisure and entertainment companies.