Invesco Semiconductors ETF (NYSEARCA:PSI) Short Interest Down 21.3% in February

by · The Cerbat Gem

Invesco Semiconductors ETF (NYSEARCA:PSI – Get Free Report) was the target of a significant decline in short interest in February. As of February 13th, there was short interest totaling 81,408 shares, a decline of 21.3% from the January 29th total of 103,411 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average trading volume of 263,828 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 263,828 shares, the short-interest ratio is presently 0.3 days. Currently, 0.6% of the company’s stock are short sold.

Hedge Funds Weigh In On Invesco Semiconductors ETF

Institutional investors and hedge funds have recently modified their holdings of the company. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Invesco Semiconductors ETF during the second quarter worth approximately $727,000. M Holdings Securities Inc. acquired a new position in Invesco Semiconductors ETF in the 2nd quarter valued at $1,219,000. PFG Advisors purchased a new position in Invesco Semiconductors ETF during the 2nd quarter worth $314,000. Cetera Investment Advisers raised its position in Invesco Semiconductors ETF by 6.0% during the 2nd quarter. Cetera Investment Advisers now owns 207,094 shares of the company’s stock worth $12,417,000 after buying an additional 11,641 shares during the last quarter. Finally, Caprock Group LLC acquired a new stake in shares of Invesco Semiconductors ETF in the 3rd quarter worth $561,000.

Invesco Semiconductors ETF Price Performance

Shares of NYSEARCA PSI traded down $5.42 during mid-day trading on Tuesday, hitting $95.38. The company had a trading volume of 434,064 shares, compared to its average volume of 194,633. The company has a market capitalization of $1.22 billion, a PE ratio of 29.05 and a beta of 1.57. The business’s 50-day simple moving average is $92.93 and its 200 day simple moving average is $79.66. Invesco Semiconductors ETF has a 1-year low of $37.64 and a 1-year high of $105.74.

Invesco Semiconductors ETF Company Profile

(Get Free Report)

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.

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