Short Interest in Invesco Building & Construction ETF (NYSEARCA:PKB) Decreases By 76.7%

Invesco Building & Construction ETF (NYSEARCA:PKB) saw a significant decline in short interest in July. As of July 15th, there was short interest totaling 9,567 shares, a decline of 76.7% from the June 30th total of 41,068 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 21,115 shares, the days-to-cover ratio is currently 0.5 days.

Invesco Building & Construction ETF Trading Up 0.0%

Shares of PKB opened at $102.41 on Friday. Invesco Building & Construction ETF has a 1 year low of $82.88 and a 1 year high of $115.81. The stock has a 50 day simple moving average of $105.25 and a 200-day simple moving average of $103.63. The stock has a market cap of $439.34 million, a PE ratio of 21.37 and a beta of 1.27.

Institutional Trading of Invesco Building & Construction ETF

Large investors have recently bought and sold shares of the stock. Glenmede Trust Co. NA acquired a new position in Invesco Building & Construction ETF during the first quarter worth $28,000. one8zero8 LLC acquired a new stake in shares of Invesco Building & Construction ETF in the 4th quarter valued at $31,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of Invesco Building & Construction ETF in the 4th quarter valued at $46,000. Fifth Third Bancorp acquired a new stake in shares of Invesco Building & Construction ETF in the 1st quarter valued at $52,000. Finally, Western Wealth Management LLC bought a new stake in shares of Invesco Building & Construction ETF in the 1st quarter worth about $97,000.

About Invesco Building & Construction ETF

PowerShares Dynamic Building & Construction Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Building & Construction 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. The Index consists of stocks of 30 United States building and construction companies. These are companies that are primarily engaged in providing construction and related engineering services for building and remodeling residential properties, commercial or industrial buildings, or working on large-scale infrastructure projects, such as highways, tunnels, bridges, dams, power lines and airports.