Invesco Active U.S. Real Estate ETF (NYSEARCA:PSR) Short Interest Up 27,100.0% in May

by · The Cerbat Gem

Invesco Active U.S. Real Estate ETF (NYSEARCA:PSR – Get Free Report) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 816 shares, an increase of 27,100.0% from the April 30th total of 3 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 9,243 shares, the short-interest ratio is currently 0.1 days.

Invesco Active U.S. Real Estate ETF Price Performance

PSR stock traded down $0.40 during midday trading on Wednesday, hitting $102.94. The stock had a trading volume of 1,662 shares, compared to its average volume of 2,690. The firm has a market cap of $52.50 million, a price-to-earnings ratio of 34.44 and a beta of 0.97. The business has a 50-day moving average of $98.17 and a two-hundred day moving average of $95.02. Invesco Active U.S. Real Estate ETF has a 52-week low of $89.15 and a 52-week high of $103.44.

Institutional Investors Weigh In On Invesco Active U.S. Real Estate ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Main Street Group LTD purchased a new stake in Invesco Active U.S. Real Estate ETF in the first quarter worth $28,000. Flagship Harbor Advisors LLC bought a new stake in Invesco Active U.S. Real Estate ETF in the fourth quarter worth $45,000. Flow Traders U.S. LLC bought a new stake in Invesco Active U.S. Real Estate ETF in the second quarter worth $210,000. J.W. Cole Advisors Inc. bought a new stake in Invesco Active U.S. Real Estate ETF in the third quarter worth $222,000. Finally, LongView Wealth Management boosted its holdings in Invesco Active U.S. Real Estate ETF by 7.8% in the fourth quarter. LongView Wealth Management now owns 2,410 shares of the company’s stock worth $220,000 after acquiring an additional 174 shares in the last quarter.

About Invesco Active U.S. Real Estate ETF

(Get Free Report)

PowerShares U.S. Real Estate Fund (the Fund) seeks high total return by investing in securities of companies that are principally engaged in the United States Real Estate industry and included within the FTSE NAREIT All Equity REITs Index. The Fund structures and selects its investments primarily from a universe of securities that are included within the FTSE NAREIT All Equity REITs Index at the time of purchase. The selection methodology uses quantitative and statistical metrics to identify attractively priced securities and manage risk.

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