Short Interest in Invesco Global Clean Energy ETF (NYSEARCA:PBD) Rises By 123.4%

Invesco Global Clean Energy ETF (NYSEARCA:PBD) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 98,026 shares, an increase of 123.4% from the November 30th total of 43,888 shares. Based on an average daily volume of 127,463 shares, the short-interest ratio is presently 0.8 days. Currently, 1.7% of the shares of the stock are sold short. Currently, 1.7% of the shares of the stock are sold short. Based on an average daily volume of 127,463 shares, the short-interest ratio is presently 0.8 days.

Invesco Global Clean Energy ETF Stock Performance

Shares of PBD stock opened at $16.39 on Monday. The company has a market capitalization of $92.28 million, a P/E ratio of 19.47 and a beta of 1.37. The business’s 50 day moving average is $16.26 and its two-hundred day moving average is $14.80. Invesco Global Clean Energy ETF has a 12-month low of $9.02 and a 12-month high of $17.29.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of PBD. Harel Insurance Investments & Financial Services Ltd. increased its stake in Invesco Global Clean Energy ETF by 32.0% during the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 90,084 shares of the company’s stock worth $1,135,000 after buying an additional 21,824 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in shares of Invesco Global Clean Energy ETF by 86.0% in the third quarter. Mercer Global Advisors Inc. ADV now owns 215,297 shares of the company’s stock worth $3,245,000 after acquiring an additional 99,519 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of Invesco Global Clean Energy ETF by 1.3% during the third quarter. Ameriprise Financial Inc. now owns 105,236 shares of the company’s stock worth $1,583,000 after purchasing an additional 1,336 shares in the last quarter. Jane Street Group LLC raised its stake in Invesco Global Clean Energy ETF by 281.5% in the 1st quarter. Jane Street Group LLC now owns 144,653 shares of the company’s stock valued at $1,525,000 after purchasing an additional 106,735 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in Invesco Global Clean Energy ETF by 30.4% in the 2nd quarter. Bank of America Corp DE now owns 11,643 shares of the company’s stock valued at $147,000 after purchasing an additional 2,714 shares in the last quarter.

About Invesco Global Clean Energy ETF

The Invesco Global Clean Energy ETF (PBD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of companies that focus on cleaner energy, weighted equally in tiers. PBD was launched on Jun 13, 2007 and is managed by Invesco.