Short Interest in Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) Drops By 77.6%

Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) was the recipient of a large decline in short interest in February. As of February 13th, there was short interest totaling 162 shares, a decline of 77.6% from the January 29th total of 722 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 3,401 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 3,401 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Invesco MSCI Sustainable Future ETF Stock Performance

NYSEARCA:ERTH traded down $0.49 during mid-day trading on Friday, hitting $48.32. The stock had a trading volume of 2,428 shares, compared to its average volume of 4,244. The company’s 50 day simple moving average is $48.25 and its 200 day simple moving average is $47.31. Invesco MSCI Sustainable Future ETF has a twelve month low of $34.06 and a twelve month high of $49.97. The stock has a market cap of $144.96 million, a price-to-earnings ratio of 21.14 and a beta of 1.06.

Institutional Investors Weigh In On Invesco MSCI Sustainable Future ETF

Large investors have recently modified their holdings of the company. Bank of Montreal Can raised its holdings in shares of Invesco MSCI Sustainable Future ETF by 17.0% in the 4th quarter. Bank of Montreal Can now owns 1,554 shares of the company’s stock worth $73,000 after acquiring an additional 226 shares during the last quarter. Aptus Capital Advisors LLC lifted its holdings in shares of Invesco MSCI Sustainable Future ETF by 117.2% in the fourth quarter. Aptus Capital Advisors LLC now owns 556 shares of the company’s stock worth $26,000 after buying an additional 300 shares in the last quarter. Bank of America Corp DE grew its position in Invesco MSCI Sustainable Future ETF by 0.8% during the third quarter. Bank of America Corp DE now owns 69,639 shares of the company’s stock worth $3,318,000 after buying an additional 531 shares in the last quarter. Kestra Advisory Services LLC raised its holdings in shares of Invesco MSCI Sustainable Future ETF by 12.0% during the 4th quarter. Kestra Advisory Services LLC now owns 5,601 shares of the company’s stock valued at $264,000 after buying an additional 598 shares in the last quarter. Finally, Royal Bank of Canada grew its position in Invesco MSCI Sustainable Future ETF by 2.6% during the 1st quarter. Royal Bank of Canada now owns 27,443 shares of the company’s stock worth $1,066,000 after acquiring an additional 687 shares during the last quarter.

Invesco MSCI Sustainable Future ETF Company Profile

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.