Invesco CEF Income Composite ETF (NYSEARCA:PCEF) Stock Short Interest Report for September

Invesco CEF Income Composite ETF (NYSEARCA:PCEF) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 330,681 shares, a growth of 78.6% from the September 15th total of 185,188 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily volume of 126,745 shares, the short-interest ratio is currently 2.6 days.

Hedge Funds Weigh In On Invesco CEF Income Composite ETF

Several hedge funds and other institutional investors have recently bought and sold shares of PCEF. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Invesco CEF Income Composite ETF during the 2nd quarter worth $25,000. Integrated Wealth Concepts LLC purchased a new position in shares of Invesco CEF Income Composite ETF during the 2nd quarter worth approximately $49,000. Ascentis Independent Advisors acquired a new stake in Invesco CEF Income Composite ETF during the 1st quarter valued at $95,000. Western Wealth Management LLC purchased a new position in Invesco CEF Income Composite ETF during the first quarter worth $154,000. Finally, GAMMA Investing LLC boosted its stake in shares of Invesco CEF Income Composite ETF by 129.6% during the second quarter. GAMMA Investing LLC now owns 13,027 shares of the company’s stock valued at $265,000 after acquiring an additional 7,354 shares during the last quarter.

Invesco CEF Income Composite ETF Price Performance

Shares of NYSEARCA PCEF traded down $0.19 during trading on Friday, hitting $19.18. 189,209 shares of the company were exchanged, compared to its average volume of 135,922. The company has a market cap of $750.90 million, a price-to-earnings ratio of 23.11 and a beta of 0.77. Invesco CEF Income Composite ETF has a 1 year low of $18.30 and a 1 year high of $20.60. The firm’s fifty day moving average price is $19.92 and its 200 day moving average price is $19.94.

Invesco CEF Income Composite ETF Company Profile

PowerShares CEF Income Composite Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the S-Network Composite Closed-End Fund Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of funds included in the Index. The Index tracks the overall performance of a global universe of United States listed closed-end funds that are organized under the laws of the United States selected by S-Network Global Indexes LLC (the Index Provider).