Invesco DWA Momentum ETF - PDP Short Interest Ratio & Short Volume

Short interest is the volume of Invesco DWA Momentum ETF shares that have been sold short but have not yet been covered or closed out. As of March 15th, investors have sold 4,200 shares of PDP short. Learn More on Invesco DWA Momentum ETF's current short interest.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of Invesco DWA Momentum ETF: Jane Street Group LLC. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

Invesco DWA Momentum ETF saw a increase in short interest in March. As of March 15th, there was short interest totaling 4,200 shares, an increase of 27.3% from the previous total of 3,300 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies compare to Invesco DWA Momentum ETF: First Trust Dorsey Wright Focus 5 ETF (0.11%), Invesco BuyBack Achievers ETF (0.02%), First Trust International Equity Opportunities ETF (2.03%), First Trust Dorsey Wright International Focus 5 ETF (0.21%), First Trust Dorsey Wright Dynamic Focus 5 ETF (0.68%), Invesco DWA Developed Markets Momentum ETF (6.99%), Invesco DWA Emerging Markets Momentum ETF (2.17%), Invesco International BuyBack Achievers ETF (0.29%), and First Trust Dorsey Wright DALI 1 ETF (0.96%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($3.66 billion), Occidental Petroleum Co. ($2.62 billion), Coinbase Global, Inc. ($2.38 billion), T. Rowe Price Group, Inc. ($2.13 billion), Verisk Analytics, Inc. ($2.08 billion), Snowflake Inc. ($1.95 billion), Paramount Global ($1.78 billion), Etsy, Inc. ($1.60 billion), Teck Resources Limited ($1.51 billion), and Voya Financial, Inc. ($1.49 billion). View all of the most shorted stocks.

Short selling PDP is an investing strategy that aims to generate trading profit from Invesco DWA Momentum ETF as its price is falling. PDP shares are trading up $0.61 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Invesco DWA Momentum ETF occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of PDP, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including PDP, twice per month. The most recent reporting period available is March, 15 2023.