Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) Short Interest Update

Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 17,999 shares, a growth of 21,585.5% from the June 15th total of 83 shares. Based on an average trading volume of 5,276 shares, the short-interest ratio is currently 3.4 days. Currently, 0.6% of the company’s stock are sold short.

Invesco MSCI Sustainable Future ETF Stock Up 0.3%

Shares of Invesco MSCI Sustainable Future ETF stock traded up $0.14 during midday trading on Friday, hitting $46.50. The company had a trading volume of 1,908 shares, compared to its average volume of 3,600. The stock has a market cap of $134.85 million, a price-to-earnings ratio of 21.14 and a beta of 0.97. The company has a fifty day simple moving average of $48.91 and a 200 day simple moving average of $48.42. Invesco MSCI Sustainable Future ETF has a 12-month low of $42.98 and a 12-month high of $51.45.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE grew its holdings in shares of 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 valued at $3,318,000 after buying an additional 531 shares during the last quarter. Cerity Partners LLC raised its stake in Invesco MSCI Sustainable Future ETF by 608.0% in the 2nd quarter. Cerity Partners LLC now owns 58,896 shares of the company’s stock worth $2,502,000 after acquiring an additional 50,577 shares during the last quarter. Jane Street Group LLC raised its stake in Invesco MSCI Sustainable Future ETF by 88.9% in the 4th quarter. Jane Street Group LLC now owns 37,592 shares of the company’s stock worth $1,773,000 after acquiring an additional 17,688 shares during the last quarter. Susquehanna International Group LLP lifted its position in Invesco MSCI Sustainable Future ETF by 27.7% during the 3rd quarter. Susquehanna International Group LLP now owns 29,276 shares of the company’s stock worth $1,395,000 after acquiring an additional 6,344 shares during the period. Finally, Royal Bank of Canada lifted its position in Invesco MSCI Sustainable Future ETF by 16.7% during the 1st quarter. Royal Bank of Canada now owns 28,581 shares of the company’s stock worth $1,355,000 after acquiring an additional 4,082 shares during the period.

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.