Invesco Global Clean Energy ETF (NYSEARCA:PBD) Sees Large Decrease in Short Interest

Invesco Global Clean Energy ETF (NYSEARCA:PBDGet 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

(Get Free Report)

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.

Further Reading

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