Invesco Global Clean Energy ETF (NYSEARCA:PBD – Get Free Report) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 146,571 shares, a decline of 40.7% from the April 30th total of 247,101 shares. Approximately 1.5% of the company’s stock are short sold. Based on an average daily volume of 72,265 shares, the short-interest ratio is currently 2.0 days.
Invesco Global Clean Energy ETF Stock Performance
PBD opened at $22.36 on Tuesday. The company has a 50-day moving average of $20.01 and a 200-day moving average of $18.12. The company has a market capitalization of $224.27 million, a P/E ratio of 19.47 and a beta of 1.33. Invesco Global Clean Energy ETF has a 1-year low of $11.64 and a 1-year high of $22.58.
Institutional Investors Weigh In On Invesco Global Clean Energy ETF
Institutional investors have recently modified their holdings of the business. Wellington Shields & Co. LLC bought a new stake in shares of Invesco Global Clean Energy ETF during the 4th quarter valued at about $415,000. HighTower Advisors LLC bought a new stake in shares of Invesco Global Clean Energy ETF during the 4th quarter valued at about $30,845,000. Nilsine Partners LLC bought a new stake in shares of Invesco Global Clean Energy ETF during the 4th quarter valued at about $1,477,000. Prospera Financial Services Inc bought a new stake in shares of Invesco Global Clean Energy ETF during the 4th quarter valued at about $372,000. Finally, Harel Insurance Investments & Financial Services Ltd. grew its position in shares of Invesco Global Clean Energy ETF by 23.4% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 132,832 shares of the company’s stock valued at $2,136,000 after buying an additional 25,217 shares during 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.
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