Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) Short Interest Up 142.8% in February

Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) was the recipient of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 272,200 shares, an increase of 142.8% from the January 31st total of 112,100 shares. Based on an average daily volume of 377,600 shares, the short-interest ratio is currently 0.7 days.

Invesco PHLX Semiconductor ETF Trading Up 1.7 %

NASDAQ SOXQ opened at $37.56 on Friday. The company’s 50-day moving average price is $40.21 and its 200-day moving average price is $40.00. The stock has a market cap of $443.96 million, a PE ratio of 33.73 and a beta of 1.56. Invesco PHLX Semiconductor ETF has a 12 month low of $33.70 and a 12 month high of $46.82.

Invesco PHLX Semiconductor ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $0.0689 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. LPL Financial LLC grew its holdings in shares of Invesco PHLX Semiconductor ETF by 9.1% in the fourth quarter. LPL Financial LLC now owns 412,352 shares of the company’s stock worth $16,172,000 after purchasing an additional 34,376 shares during the last quarter. Eagle Global Advisors LLC grew its holdings in Invesco PHLX Semiconductor ETF by 0.3% during the 4th quarter. Eagle Global Advisors LLC now owns 338,832 shares of the company’s stock worth $13,289,000 after acquiring an additional 1,125 shares in the last quarter. SG Americas Securities LLC bought a new position in Invesco PHLX Semiconductor ETF during the 4th quarter worth about $6,320,000. Marshall Investment Management LLC bought a new position in Invesco PHLX Semiconductor ETF during the 4th quarter worth about $5,177,000. Finally, JPMorgan Chase & Co. grew its holdings in Invesco PHLX Semiconductor ETF by 10.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 80,893 shares of the company’s stock worth $3,295,000 after acquiring an additional 7,797 shares in the last quarter.

Invesco PHLX Semiconductor ETF Company Profile

The Invesco PHLX Semiconductor ETF (SOXQ) is an exchange-traded fund that is based on the PHLX / Semiconductor index, a modified market-cap-weighted index of 30 US-listed semiconductor companies. SOXQ was launched on Jun 11, 2021 and is managed by Invesco.