Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) Short Interest Up 96.4% in June

Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 2,176 shares, a growth of 96.4% from the June 15th total of 1,108 shares. Based on an average trading volume of 1,158 shares, the short-interest ratio is presently 1.9 days. Approximately 0.2% of the shares of the company are sold short.

Invesco Bloomberg Analyst Rating Improvers ETF Price Performance

Invesco Bloomberg Analyst Rating Improvers ETF stock traded up $0.87 during mid-day trading on Thursday, reaching $82.76. 566 shares of the stock traded hands, compared to its average volume of 2,660. Invesco Bloomberg Analyst Rating Improvers ETF has a 12-month low of $70.85 and a 12-month high of $83.30. The business’s 50-day moving average is $80.51 and its 200-day moving average is $77.79. The stock has a market capitalization of $119.17 million, a PE ratio of 20.47 and a beta of 0.92.

Institutional Investors Weigh In On Invesco Bloomberg Analyst Rating Improvers ETF

Several hedge funds and other institutional investors have recently made changes to their positions in UPGD. Murphy Middleton Hinkle & Parker Inc. bought a new position in shares of Invesco Bloomberg Analyst Rating Improvers ETF in the 4th quarter worth approximately $46,000. Stifel Financial Corp bought a new stake in Invesco Bloomberg Analyst Rating Improvers ETF during the fourth quarter valued at approximately $251,000. Total Wealth Planning & Management Inc. purchased a new stake in Invesco Bloomberg Analyst Rating Improvers ETF during the fourth quarter valued at approximately $431,000. HRT Financial LP increased its holdings 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 valued at $667,000 after buying an additional 3,073 shares during the last quarter. Finally, Susquehanna International Group LLP raised its position in Invesco Bloomberg Analyst Rating Improvers ETF by 41.6% in 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 period.

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.