Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) Stock Short Interest Report for October

Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) was the target of a significant decrease in short interest in October. As of October 15th, there was short interest totaling 21,691 shares, a decrease of 50.0% from the September 30th total of 43,386 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily trading volume, of 80,503 shares, the days-to-cover ratio is currently 0.3 days.

Invesco Dorsey Wright Technology Momentum ETF Price Performance

Shares of NASDAQ:PTF traded down $5.71 during mid-day trading on Friday, reaching $99.62. 66,521 shares of the company traded hands, compared to its average volume of 94,165. The firm has a market cap of $552.89 million, a PE ratio of 32.05 and a beta of 1.67. Invesco Dorsey Wright Technology Momentum ETF has a 52 week low of $66.48 and a 52 week high of $139.65. The company’s 50 day moving average price is $104.24 and its 200-day moving average price is $104.64.

Institutional Trading of Invesco Dorsey Wright Technology Momentum ETF

A number of large investors have recently made changes to their positions in PTF. Oakworth Capital Inc. bought a new position in Invesco Dorsey Wright Technology Momentum ETF during the 3rd quarter worth about $27,000. TD Waterhouse Canada Inc. purchased a new stake in shares of Invesco Dorsey Wright Technology Momentum ETF in the second quarter worth about $41,000. Centaurus Financial Inc. increased its stake in shares of Invesco Dorsey Wright Technology Momentum ETF by 22.6% in the 1st quarter. Centaurus Financial Inc. now owns 1,630 shares of the company’s stock valued at $141,000 after purchasing an additional 300 shares in the last quarter. Fifth Third Securities Inc. acquired a new stake in Invesco Dorsey Wright Technology Momentum ETF in the third quarter valued at approximately $214,000. Finally, NWF Advisory Services Inc. purchased a new stake in Invesco Dorsey Wright Technology Momentum ETF in the 2nd quarter worth $296,000.

Invesco Dorsey Wright Technology Momentum ETF Company Profile

PowerShares Dynamic Technology Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Technology Sector Intellidex Index (the Index). The Index consists of stocks of the United States technology companies. These are companies that are principally engaged in the business of providing technology-related products and services, including computer hardware and software, Internet, electronics and semiconductors, and communication technologies.