Invesco MSCI USA ETF (BATS:PBUS) Short Interest Update

Invesco MSCI USA ETF (BATS:PBUS) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 189,216 shares, a growth of 154.2% from the April 15th total of 74,437 shares. Based on an average daily volume of 182,499 shares, the short-interest ratio is currently 1.0 days. Currently, 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Invesco MSCI USA ETF

Institutional investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. increased its position in Invesco MSCI USA ETF by 110.4% during the second quarter. Geneos Wealth Management Inc. now owns 526 shares of the company’s stock worth $33,000 after buying an additional 276 shares during the last quarter. Bank of America Corp DE raised its position in shares of Invesco MSCI USA ETF by 1,298.6% in the third quarter. Bank of America Corp DE now owns 1,035 shares of the company’s stock valued at $69,000 after purchasing an additional 961 shares during the period. Integrated Wealth Concepts LLC bought a new position in shares of Invesco MSCI USA ETF in the first quarter valued at about $203,000. Retirement Planning Group LLC bought a new position in shares of Invesco MSCI USA ETF in the first quarter valued at about $332,000. Finally, Jane Street Group LLC bought a new position in shares of Invesco MSCI USA ETF in the second quarter valued at about $350,000.

Invesco MSCI USA ETF Stock Down 1.3%

Shares of BATS PBUS opened at $73.93 on Friday. The business’s 50 day moving average price is $68.92 and its two-hundred day moving average price is $68.73. The company has a market cap of $9.79 billion, a PE ratio of 26.20 and a beta of 1.03. Invesco MSCI USA ETF has a twelve month low of $57.96 and a twelve month high of $75.03.

About Invesco MSCI USA ETF

The Invesco PureBeta MSCI USA ETF (PBUS) is an exchange-traded fund that is based on the MSCI USA index. The fund tracks a market-cap-selected and -weighted index of mid and large-cap US stocks. PBUS was launched on Sep 22, 2017 and is managed by Invesco.