Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) Short Interest Update

Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) saw a significant growth in short interest in May. As of May 15th, there was short interest totaling 5,093 shares, a growth of 1,668.4% from the April 30th total of 288 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 753 shares, the days-to-cover ratio is currently 6.8 days.

Hedge Funds Weigh In On Invesco Bloomberg Analyst Rating Improvers ETF

Several hedge funds and other institutional investors have recently made changes to their positions in UPGD. Northwestern Mutual Wealth Management Co. lifted its position in shares of Invesco Bloomberg Analyst Rating Improvers ETF by 52,865.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 768,004 shares of the company’s stock valued at $56,825,000 after acquiring an additional 766,554 shares in the last quarter. Tower Research Capital LLC TRC lifted its position in shares of Invesco Bloomberg Analyst Rating Improvers ETF by 85.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 26,578 shares of the company’s stock valued at $1,966,000 after acquiring an additional 12,267 shares in the last quarter. Total Wealth Planning & Management Inc. purchased a new position in shares of Invesco Bloomberg Analyst Rating Improvers ETF in the fourth quarter valued at approximately $431,000. Stifel Financial Corp purchased a new position in shares of Invesco Bloomberg Analyst Rating Improvers ETF in the fourth quarter valued at approximately $251,000. Finally, HRT Financial LP lifted its position in shares of Invesco Bloomberg Analyst Rating Improvers ETF by 51.6% in the fourth quarter. HRT Financial LP now owns 9,026 shares of the company’s stock valued at $667,000 after acquiring an additional 3,073 shares in the last quarter.

Invesco Bloomberg Analyst Rating Improvers ETF Price Performance

UPGD stock traded up $0.30 during mid-day trading on Wednesday, reaching $80.04. 3,176 shares of the company’s stock were exchanged, compared to its average volume of 2,779. The company has a market cap of $116.06 million, a price-to-earnings ratio of 20.47 and a beta of 0.92. The stock’s 50 day moving average is $75.91 and its 200 day moving average is $75.99. Invesco Bloomberg Analyst Rating Improvers ETF has a 12-month low of $69.16 and a 12-month high of $80.33.

Invesco Bloomberg Analyst Rating Improvers ETF Company Profile

The Invesco Bloomberg Analyst Rating Improvers ETF (UPGD) is an exchange-traded fund that is based on the Bloomberg ANR Improvers index. The fund tracks an equal-weighted index of large-and mid-cap US stocks that are identified to have the most improved consensus ratings based on analyst recommendations. UPGD was launched on May 19, 2006 and is issued by Invesco.