Short Interest in Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) Increases By 96.4%

Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 2,176 shares, a growth of 96.4% from the June 15th total of 1,108 shares. Based on an average trading volume of 1,158 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.2% of the shares of the company are sold short.

Invesco Bloomberg Analyst Rating Improvers ETF Stock Performance

NYSEARCA UPGD traded down $0.43 on Friday, hitting $82.33. The stock had a trading volume of 1,288 shares, compared to its average volume of 2,650. The firm has a 50-day moving average of $80.68 and a 200-day moving average of $77.88. Invesco Bloomberg Analyst Rating Improvers ETF has a 52-week low of $70.85 and a 52-week high of $83.30. The company has a market capitalization of $118.56 million, a price-to-earnings ratio of 20.47 and a beta of 0.92.

Institutional Trading of Invesco Bloomberg Analyst Rating Improvers ETF

Hedge funds have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC raised its holdings in shares of 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 valued at $1,966,000 after acquiring an additional 12,267 shares in the last quarter. Stifel Financial Corp purchased a new position in Invesco Bloomberg Analyst Rating Improvers ETF during the 4th quarter valued at $251,000. HRT Financial LP increased its position in Invesco Bloomberg Analyst Rating Improvers ETF by 51.6% during the 4th 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 during the period. Total Wealth Planning & Management Inc. bought a new position in Invesco Bloomberg Analyst Rating Improvers ETF in the 4th quarter worth $431,000. Finally, Aspire Growth Partners LLC raised its holdings in Invesco Bloomberg Analyst Rating Improvers ETF by 1.7% in the 4th quarter. Aspire Growth Partners LLC now owns 10,518 shares of the company’s stock worth $778,000 after purchasing an additional 178 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.