Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) Short Interest Update

Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 5,093 shares, an increase of 1,668.4% from the April 30th total of 288 shares. Based on an average daily volume of 753 shares, the days-to-cover ratio is currently 6.8 days. Approximately 0.4% of the shares of the stock are sold short.

Invesco Bloomberg Analyst Rating Improvers ETF Price Performance

Shares of NYSEARCA:UPGD traded up $0.30 during midday trading on Wednesday, hitting $80.04. The company had a trading volume of 3,176 shares, compared to its average volume of 2,779. Invesco Bloomberg Analyst Rating Improvers ETF has a twelve month low of $69.16 and a twelve month high of $80.33. The stock has a market cap of $116.06 million, a price-to-earnings ratio of 20.47 and a beta of 0.92. The business’s 50-day simple moving average is $75.91 and its 200-day simple moving average is $75.99.

Institutional Investors Weigh In On Invesco Bloomberg Analyst Rating Improvers ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Murphy Middleton Hinkle & Parker Inc. acquired a new stake in shares of Invesco Bloomberg Analyst Rating Improvers ETF in the fourth quarter valued at approximately $46,000. Stifel Financial Corp acquired a new stake in shares of Invesco Bloomberg Analyst Rating Improvers ETF in the fourth quarter valued at approximately $251,000. Total Wealth Planning & Management Inc. acquired a new stake in shares of Invesco Bloomberg Analyst Rating Improvers ETF in the fourth quarter valued at approximately $431,000. HRT Financial LP increased its stake in 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 worth $667,000 after acquiring an additional 3,073 shares during the last quarter. Finally, Susquehanna International Group LLP increased its stake in Invesco Bloomberg Analyst Rating Improvers ETF by 41.6% during the third 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.

About Invesco Bloomberg Analyst Rating Improvers ETF

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.