Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) Short Interest Up 219.5% in January

Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) was the recipient of a large increase in short interest in January. As of January 30th, there was short interest totaling 722 shares, an increase of 219.5% from the January 15th total of 226 shares. Based on an average daily trading volume, of 4,042 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,042 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC acquired a new stake in shares of Invesco MSCI Sustainable Future ETF during the 2nd quarter worth about $40,000. AE Wealth Management LLC purchased a new position in shares of Invesco MSCI Sustainable Future ETF during the third quarter valued at approximately $36,000. Willow Creek Wealth Management Inc. purchased a new position in shares of Invesco MSCI Sustainable Future ETF during the third quarter valued at approximately $202,000. Perigon Wealth Management LLC boosted its position in Invesco MSCI Sustainable Future ETF by 4.4% during the fourth quarter. Perigon Wealth Management LLC now owns 18,613 shares of the company’s stock worth $878,000 after acquiring an additional 778 shares during the last quarter. Finally, Natural Investments LLC purchased a new stake in Invesco MSCI Sustainable Future ETF in the 4th quarter worth approximately $392,000.

Invesco MSCI Sustainable Future ETF Price Performance

Invesco MSCI Sustainable Future ETF stock traded up $0.19 during mid-day trading on Friday, hitting $49.14. 983 shares of the company were exchanged, compared to its average volume of 4,556. Invesco MSCI Sustainable Future ETF has a 12-month low of $34.06 and a 12-month high of $49.68. The company has a market capitalization of $147.42 million, a P/E ratio of 21.14 and a beta of 1.06. The business’s 50 day simple moving average is $47.83 and its two-hundred day simple moving average is $46.95.

About Invesco MSCI Sustainable Future ETF

The Invesco MSCI Sustainable Future ETF (ERTH) is an exchange-traded fund that is based on the MSCI Global Environment Select index. The fund tracks an index of global companies focusing on contributing to a more environmentally sustainable economy. ERTH was launched on Oct 24, 2006 and is managed by Invesco.