Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) Short Interest Down 40.3% in March

Invesco Dorsey Wright Technology Momentum ETF (NASDAQ:PTF) was the target of a significant decrease in short interest in March. As of March 13th, there was short interest totaling 14,360 shares, a decrease of 40.3% from the February 26th total of 24,058 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 31,406 shares, the days-to-cover ratio is currently 0.5 days.

Invesco Dorsey Wright Technology Momentum ETF Stock Down 1.0%

PTF traded down $0.86 during midday trading on Friday, hitting $85.90. The company had a trading volume of 57,208 shares, compared to its average volume of 36,417. Invesco Dorsey Wright Technology Momentum ETF has a 52 week low of $49.57 and a 52 week high of $96.34. The company has a market capitalization of $406.31 million, a price-to-earnings ratio of 32.05 and a beta of 1.49. The stock’s 50 day moving average price is $88.74 and its 200 day moving average price is $81.59.

Institutional Trading of Invesco Dorsey Wright Technology Momentum ETF

Several large investors have recently made changes to their positions in the company. Jane Street Group LLC raised its stake in Invesco Dorsey Wright Technology Momentum ETF by 108.1% during the 1st quarter. Jane Street Group LLC now owns 24,668 shares of the company’s stock worth $1,454,000 after buying an additional 329,668 shares during the period. Ameriprise Financial Inc. grew its stake in Invesco Dorsey Wright Technology Momentum ETF by 107.5% in the second quarter. Ameriprise Financial Inc. now owns 212,785 shares of the company’s stock valued at $14,602,000 after acquiring an additional 110,228 shares during the period. Paller Financial Services Inc acquired a new stake in Invesco Dorsey Wright Technology Momentum ETF in the fourth quarter valued at approximately $5,948,000. IMC Chicago LLC increased its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF by 259.9% during the fourth quarter. IMC Chicago LLC now owns 21,104 shares of the company’s stock valued at $1,614,000 after acquiring an additional 34,299 shares in the last quarter. Finally, Private Advisor Group LLC increased its holdings in shares of Invesco Dorsey Wright Technology Momentum ETF by 317.5% during the third quarter. Private Advisor Group LLC now owns 35,281 shares of the company’s stock valued at $2,640,000 after acquiring an additional 26,830 shares in the last quarter.

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.