Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) Short Interest Up 32.2% in January

Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totaling 226 shares, an increase of 32.2% from the December 31st total of 171 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 6,367 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 6,367 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Invesco MSCI Sustainable Future ETF Stock Performance

NYSEARCA ERTH traded up $0.37 during trading hours on Tuesday, hitting $47.99. The company had a trading volume of 3,273 shares, compared to its average volume of 4,944. The firm has a market capitalization of $143.97 million, a price-to-earnings ratio of 21.14 and a beta of 1.06. Invesco MSCI Sustainable Future ETF has a 52 week low of $34.06 and a 52 week high of $49.20. The firm has a 50 day simple moving average of $47.52 and a 200 day simple moving average of $46.74.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Bank of Montreal Can raised its position in shares of Invesco MSCI Sustainable Future ETF by 29.0% in the second quarter. Bank of Montreal Can now owns 1,775 shares of the company’s stock worth $75,000 after buying an additional 399 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Invesco MSCI Sustainable Future ETF by 0.8% in the 3rd quarter. Bank of America Corp DE now owns 69,639 shares of the company’s stock valued at $3,318,000 after acquiring an additional 531 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of Invesco MSCI Sustainable Future ETF by 2.6% in the 1st quarter. Royal Bank of Canada now owns 27,443 shares of the company’s stock valued at $1,066,000 after acquiring an additional 687 shares in the last quarter. AE Wealth Management LLC bought a new stake in shares of Invesco MSCI Sustainable Future ETF during the 3rd quarter valued at about $36,000. Finally, Perigon Wealth Management LLC grew its holdings in shares of Invesco MSCI Sustainable Future ETF by 4.4% during the fourth quarter. Perigon Wealth Management LLC now owns 18,613 shares of the company’s stock worth $878,000 after purchasing an additional 778 shares in the last quarter.

Invesco MSCI Sustainable Future ETF Company Profile

The Invesco MSCI Sustainable Future ETF (ERTH) is an exchange-traded fund that is based on the MSCI Global Environment Select index. The fund tracks an index of global companies focusing on contributing to a more environmentally sustainable economy. ERTH was launched on Oct 24, 2006 and is managed by Invesco.