Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) Short Interest Down 48.5% in January

Invesco Bloomberg Pricing Power ETF (NYSEARCA:POWA) saw a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 151 shares, a decline of 48.5% from the January 15th total of 293 shares. Based on an average daily volume of 8,311 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 8,311 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of Invesco Bloomberg Pricing Power ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. IFC & Insurance Marketing Inc. bought a new position in Invesco Bloomberg Pricing Power ETF in the 4th quarter worth about $50,000. CWM LLC grew its holdings in Invesco Bloomberg Pricing Power ETF by 21.0% during the 4th quarter. CWM LLC now owns 708 shares of the company’s stock valued at $64,000 after buying an additional 123 shares in the last quarter. CX Institutional bought a new position in shares of Invesco Bloomberg Pricing Power ETF during the 3rd quarter valued at approximately $66,000. PNC Financial Services Group Inc. bought a new stake in Invesco Bloomberg Pricing Power ETF during the third quarter worth approximately $103,000. Finally, FSA Wealth Partners Inc. purchased a new position in shares of Invesco Bloomberg Pricing Power ETF during the 4th quarter worth about $117,000.

Invesco Bloomberg Pricing Power ETF Stock Performance

Invesco Bloomberg Pricing Power ETF stock traded up $0.97 during midday trading on Friday, hitting $93.30. 3,732 shares of the company’s stock were exchanged, compared to its average volume of 4,541. The stock has a 50-day moving average price of $91.92 and a two-hundred day moving average price of $90.62. The company has a market cap of $197.80 million, a P/E ratio of 26.20 and a beta of 0.83. Invesco Bloomberg Pricing Power ETF has a 52-week low of $73.16 and a 52-week high of $93.93.

About Invesco Bloomberg Pricing Power ETF

The Invesco Bloomberg Pricing Power ETF (POWA) is an exchange-traded fund that is based on the Bloomberg Pricing Power index. The fund selects US large- and mid-cap stocks of companies considered well-positioned to maintain stable profit margins in all market conditions. Stocks satisfying a four factor screening process are included in the index, on an equal-weight basis POWA was launched on Dec 15, 2006 and is issued by Invesco.