Short Interest in Invesco Bloomberg Financial Data Providers ETF (NASDAQ:FDIQ) Rises By 152.1%

Invesco Bloomberg Financial Data Providers ETF (NASDAQ:FDIQ) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 1,157 shares, a growth of 152.1% from the July 15th total of 459 shares. Based on an average daily volume of 2,875 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the company’s shares are sold short.

Invesco Bloomberg Financial Data Providers ETF Stock Up 0.9%

Shares of FDIQ opened at $72.47 on Friday. The stock has a market cap of $529.03 million, a P/E ratio of 13.81 and a beta of 0.78. The business’s 50 day moving average price is $69.71 and its 200-day moving average price is $69.77. Invesco Bloomberg Financial Data Providers ETF has a 52 week low of $55.60 and a 52 week high of $76.55.

Institutional Investors Weigh In On Invesco Bloomberg Financial Data Providers ETF

Large investors have recently made changes to their positions in the company. Osaic Holdings Inc. boosted its holdings in shares of Invesco Bloomberg Financial Data Providers ETF by 10.5% in the fourth quarter. Osaic Holdings Inc. now owns 4,283 shares of the company’s stock worth $265,000 after buying an additional 407 shares during the last quarter. Cherry Tree Wealth Management LLC bought a new position in Invesco Bloomberg Financial Data Providers ETF in the fourth quarter worth approximately $31,000. Raymond James Financial Inc. purchased a new position in shares of Invesco Bloomberg Financial Data Providers ETF during the 2nd quarter worth $43,000. Kestra Advisory Services LLC bought a new stake in Invesco Bloomberg Financial Data Providers ETF during the fourth quarter valued at about $74,000. Finally, Compass Financial Management LLC bought a new position in shares of Invesco Bloomberg Financial Data Providers ETF during the 2nd quarter valued at approximately $44,000.

Invesco Bloomberg Financial Data Providers ETF Company Profile

Invesco KBW Regional Banking ETF (NASDAQ: FDIQ) is an exchange-traded fund designed to track the performance of an index focused on regional banking companies in the United States. The fund provides investors with exposure to a diversified group of banks that typically operate across local and regional markets, offering a way to gain targeted access to the U.S. banking sector through a single security.

The ETF is managed by Invesco, a global investment management firm known for offering a wide range of funds and other investment products.