Invesco Semiconductors ETF (NYSEARCA:PSI) Stock Short Interest Report for October

Invesco Semiconductors ETF (NYSEARCA:PSI) was the recipient of a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 246,133 shares, a decline of 52.7% from the September 30th total of 519,834 shares. Based on an average daily volume of 494,596 shares, the short-interest ratio is currently 0.5 days. Currently, 1.2% of the shares of the company are sold short.

Invesco Semiconductors ETF Trading Down 8.2%

NYSEARCA:PSI traded down $10.55 during trading hours on Friday, reaching $118.63. The company had a trading volume of 479,999 shares, compared to its average volume of 358,068. The firm has a market cap of $2.33 billion, a price-to-earnings ratio of 29.05 and a beta of 1.80. The firm’s 50 day moving average price is $137.86 and its 200-day moving average price is $130.21. Invesco Semiconductors ETF has a 52 week low of $66.93 and a 52 week high of $189.24.

Institutional Investors Weigh In On Invesco Semiconductors ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. NFSG Corp boosted its holdings in shares of Invesco Semiconductors ETF by 55.6% in the 1st quarter. NFSG Corp now owns 280 shares of the company’s stock valued at $26,000 after buying an additional 100 shares in the last quarter. Fifth Third Bancorp purchased a new stake in shares of Invesco Semiconductors ETF during the 1st quarter worth $26,000. Ascentis Independent Advisors acquired a new stake in shares of Invesco Semiconductors ETF during the 1st quarter valued at approximately $28,000. Go Invest LLC purchased a new stake in Invesco Semiconductors ETF during the third quarter worth $34,000. Finally, First Bancorp Inc ME purchased a new position in Invesco Semiconductors ETF during the 2nd quarter valued at about $43,000.

About Invesco Semiconductors ETF

PowerShares Dynamic Semiconductors Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Semiconductors Intellidex Index (the Index). The Index is designed to provide capital appreciation by evaluating companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors. The Index consists of stocks of 30 United States semiconductors companies. These are companies that are principally engaged in the manufacture of semiconductors.