Short Interest in Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) Drops By 49.4%

Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 400 shares, a drop of 49.4% from the July 15th total of 790 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 1,252 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Invesco Bloomberg Analyst Rating Improvers ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Susquehanna International Group LLP lifted its holdings in shares of Invesco Bloomberg Analyst Rating Improvers ETF by 41.6% in the 3rd quarter. Susquehanna International Group LLP now owns 9,419 shares of the company’s stock worth $705,000 after acquiring an additional 2,765 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Invesco Bloomberg Analyst Rating Improvers ETF by 52,865.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 768,004 shares of the company’s stock worth $56,825,000 after purchasing an additional 766,554 shares during the period. Aspire Growth Partners LLC lifted its stake in Invesco Bloomberg Analyst Rating Improvers ETF by 1.7% in the fourth quarter. Aspire Growth Partners LLC now owns 10,518 shares of the company’s stock worth $778,000 after purchasing an additional 178 shares during the last quarter. Total Wealth Planning & Management Inc. bought a new stake in Invesco Bloomberg Analyst Rating Improvers ETF in the fourth quarter worth about $431,000. Finally, HRT Financial LP boosted its position in shares of Invesco Bloomberg Analyst Rating Improvers ETF by 51.6% during the fourth quarter. HRT Financial LP now owns 9,026 shares of the company’s stock valued at $667,000 after buying an additional 3,073 shares during the period.

Invesco Bloomberg Analyst Rating Improvers ETF Trading Down 0.2%

Shares of NYSEARCA UPGD traded down $0.18 during trading hours on Friday, hitting $84.46. 531 shares of the company traded hands, compared to its average volume of 2,423. The stock has a market capitalization of $121.62 million, a price-to-earnings ratio of 20.47 and a beta of 0.93. The company’s 50 day moving average price is $82.24 and its 200 day moving average price is $78.87. Invesco Bloomberg Analyst Rating Improvers ETF has a 12 month low of $70.85 and a 12 month high of $84.73.

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.