Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI) Short Interest Update

Invesco Dorsey Wright Energy Momentum ETF (NASDAQ:PXI) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 458 shares, an increase of 133.7% from the November 30th total of 196 shares. Based on an average trading volume of 2,093 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 2,093 shares, the short-interest ratio is presently 0.2 days.

Invesco Dorsey Wright Energy Momentum ETF Price Performance

Shares of NASDAQ PXI opened at $44.99 on Friday. The stock has a market cap of $42.29 million, a PE ratio of 17.22 and a beta of 0.93. Invesco Dorsey Wright Energy Momentum ETF has a 1 year low of $34.54 and a 1 year high of $48.88. The firm has a fifty day moving average price of $46.51 and a 200-day moving average price of $44.99.

Invesco Dorsey Wright Energy Momentum ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were issued a dividend of $0.2296 per share. This is a boost from Invesco Dorsey Wright Energy Momentum ETF’s previous quarterly dividend of $0.22. This represents a $0.92 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Monday, December 22nd.

Institutional Trading of Invesco Dorsey Wright Energy Momentum ETF

Several institutional investors have recently made changes to their positions in PXI. Sunbelt Securities Inc. purchased a new stake in shares of Invesco Dorsey Wright Energy Momentum ETF during the 3rd quarter worth approximately $458,000. Clear Creek Financial Management LLC increased its position in Invesco Dorsey Wright Energy Momentum ETF by 43.4% in the third quarter. Clear Creek Financial Management LLC now owns 85,685 shares of the company’s stock worth $4,016,000 after purchasing an additional 25,934 shares during the last quarter. Trueblood Wealth Management LLC raised its stake in Invesco Dorsey Wright Energy Momentum ETF by 5.9% during the third quarter. Trueblood Wealth Management LLC now owns 10,338 shares of the company’s stock valued at $485,000 after purchasing an additional 575 shares in the last quarter. Osaic Holdings Inc. raised its stake in Invesco Dorsey Wright Energy Momentum ETF by 27.6% during the second quarter. Osaic Holdings Inc. now owns 2,366 shares of the company’s stock valued at $102,000 after purchasing an additional 512 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its position in Invesco Dorsey Wright Energy Momentum ETF by 49.5% during the second quarter. Tower Research Capital LLC TRC now owns 13,374 shares of the company’s stock valued at $577,000 after purchasing an additional 4,431 shares during the last quarter.

About Invesco Dorsey Wright Energy Momentum ETF

PowerShares Dynamic Energy Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Energy Sector Intellidex Index (the Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Fund invests in sectors, such as energy, materials and utilities. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investments and risk factors.