Invesco MSCI USA ETF (BATS:PBUS) Short Interest Up 435.7% in June

Invesco MSCI USA ETF (BATS:PBUS) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 252,333 shares, a growth of 435.7% from the June 15th total of 47,101 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 644,270 shares, the short-interest ratio is currently 0.4 days.

Invesco MSCI USA ETF Stock Performance

Shares of BATS PBUS opened at $75.71 on Monday. The company has a market cap of $10.02 billion, a P/E ratio of 26.20 and a beta of 1.03. Invesco MSCI USA ETF has a 52-week low of $62.14 and a 52-week high of $76.22. The firm’s fifty day moving average is $74.45 and its two-hundred day moving average is $70.58.

Institutional Investors Weigh In On Invesco MSCI USA ETF

Several large investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC purchased a new stake in shares of Invesco MSCI USA ETF in the first quarter worth about $203,000. Marshall Wace LLP purchased a new position in Invesco MSCI USA ETF during the 2nd quarter valued at approximately $1,090,000. Jane Street Group LLC bought a new stake in Invesco MSCI USA ETF in the 2nd quarter worth approximately $350,000. MML Investors Services LLC boosted its position in shares of Invesco MSCI USA ETF by 5.6% during the 2nd quarter. MML Investors Services LLC now owns 44,817 shares of the company’s stock valued at $2,787,000 after acquiring an additional 2,371 shares during the last quarter. Finally, Tower Research Capital LLC TRC bought a new position in shares of Invesco MSCI USA ETF during the 2nd quarter valued at approximately $494,000.

Invesco MSCI USA ETF Company Profile

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.