Short Interest in Invesco MSCI USA ETF (BATS:PBUS) Rises By 154.2%

Invesco MSCI USA ETF (BATS:PBUS) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 189,216 shares, an increase 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 presently 1.0 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Investors Weigh In On Invesco MSCI USA ETF

Several institutional investors have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. boosted 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 purchasing an additional 276 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Invesco MSCI USA ETF by 1.3% in the third quarter. Envestnet Asset Management Inc. now owns 45,420 shares of the company’s stock valued at $3,045,000 after purchasing an additional 570 shares during the period. Vestcor Inc lifted its stake in shares of Invesco MSCI USA ETF by 0.6% during the 4th quarter. Vestcor Inc now owns 134,953 shares of the company’s stock valued at $9,238,000 after buying an additional 780 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Invesco MSCI USA ETF by 1,298.6% during the 3rd quarter. Bank of America Corp DE now owns 1,035 shares of the company’s stock valued at $69,000 after buying an additional 961 shares in the last quarter. Finally, Altus Wealth Group LLC boosted its holdings in Invesco MSCI USA ETF by 3.7% in the 1st quarter. Altus Wealth Group LLC now owns 37,267 shares of the company’s stock worth $2,429,000 after buying an additional 1,339 shares during the period.

Invesco MSCI USA ETF Price Performance

Shares of PBUS opened at $74.89 on Friday. Invesco MSCI USA ETF has a 1 year low of $57.96 and a 1 year high of $75.03. The stock’s fifty day moving average price is $68.81 and its two-hundred day moving average price is $68.69. The firm has a market cap of $9.92 billion, a PE ratio of 26.20 and a beta of 1.03.

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.