Short Interest in Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) Rises By 284.7%

Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 1,108 shares, a growth of 284.7% from the May 31st total of 288 shares. Based on an average daily volume of 878 shares, the days-to-cover ratio is currently 1.3 days. Approximately 0.1% of the company’s stock are sold short.

Invesco Bloomberg Analyst Rating Improvers ETF Price Performance

Shares of Invesco Bloomberg Analyst Rating Improvers ETF stock traded up $0.42 during trading on Friday, hitting $81.64. 334 shares of the stock were exchanged, compared to its average volume of 2,479. The firm’s 50-day moving average price is $79.15 and its 200 day moving average price is $77.15. The stock has a market cap of $118.38 million, a price-to-earnings ratio of 20.47 and a beta of 0.92. Invesco Bloomberg Analyst Rating Improvers ETF has a 12-month low of $70.28 and a 12-month high of $82.36.

Institutional Trading of Invesco Bloomberg Analyst Rating Improvers ETF

A number of institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. boosted its position in shares of Invesco Bloomberg Analyst Rating Improvers ETF by 52,865.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 768,004 shares of the company’s stock worth $56,825,000 after acquiring an additional 766,554 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in Invesco Bloomberg Analyst Rating Improvers ETF by 85.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 26,578 shares of the company’s stock worth $1,966,000 after purchasing an additional 12,267 shares during the last quarter. Total Wealth Planning & Management Inc. purchased a new stake in Invesco Bloomberg Analyst Rating Improvers ETF during the fourth quarter worth approximately $431,000. Stifel Financial Corp purchased a new stake in Invesco Bloomberg Analyst Rating Improvers ETF during the fourth quarter worth approximately $251,000. Finally, HRT Financial LP boosted its holdings in 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 purchasing an additional 3,073 shares in the last quarter.

About Invesco Bloomberg Analyst Rating Improvers ETF

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.