Short Interest in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) Declines By 75.4%
decline of 18.4% from the April 30th total of 14,900 shares. Based on an average daily trading volume, of 35,200 shares, the short-interest ratio is presently 0.3 days. The Invesco PHLX Semiconductor ETF saw a significant decline in short interest in May.
() saw a notable decline in short interest during the month of May. On May 15th there were 12,200 shares of short interest, which is a 75.4% decrease from the total of 49 600 shares on April 30th. The short-interest rate is currently 0.1 days based on an average daily share volume of 88 300 shares.
Hedge Funds weigh in on Invesco PHLX semi-conductor ETF
SOXQ has been modified by a number of hedge funds and institutional investors. Advisor Group Holdings Inc. increased its stake in Invesco PHLX Semiconductor ETF shares by 959.8% over the first quarter. Advisor Group Holdings Inc. owns now 3,476 of the company’s stock valued at $95,000, after buying an additional 3,148 in the last quarter. Bank of America Corp DE increased its holdings in Invesco PHLX Semiconductor ETF by 7.9% during the first quarter. Bank of America Corp DE owns 14,191 of the company’s shares valued at $384,000, after purchasing an additional 1,041 during the last quarter. LPL Financial LLC bought a new stake of $367,00 in Invesco PHLX Semiconductor ETF during the second quarter. Jane Street Group LLC bought a new stake of Invesco PHLX Semiconductor ETF during the second quarter. The value was $676,000. The stock rose $1.71 to $27.96 on Friday. The stock traded 159,847, as opposed to the average of 79,058 shares. The 50-day moving average is $24.24 while the 200-day moving average is $22.90. Invesco PHLX Semiconductor has a low of $16.45 for the past twelve months and a high of $28.09.
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