Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) Sees Significant Growth in Short Interest

Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) was the recipient of a large increase in short interest in 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. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 753 shares, the short-interest ratio is currently 6.8 days.

Invesco Bloomberg Analyst Rating Improvers ETF Stock Up 1.1%

Invesco Bloomberg Analyst Rating Improvers ETF stock traded up $0.93 during trading hours on Friday, hitting $81.92. 920 shares of the company traded hands, compared to its average volume of 2,750. The firm has a market cap of $118.78 million, a P/E ratio of 20.47 and a beta of 0.92. The firm’s 50-day simple moving average is $76.03 and its two-hundred day simple moving average is $76.05. Invesco Bloomberg Analyst Rating Improvers ETF has a 1-year low of $69.16 and a 1-year high of $82.15.

Hedge Funds Weigh In On Invesco Bloomberg Analyst Rating Improvers ETF

Large investors have recently made changes to their positions in the business. Murphy Middleton Hinkle & Parker Inc. bought a new position in shares of Invesco Bloomberg Analyst Rating Improvers ETF during the 4th quarter valued at about $46,000. Stifel Financial Corp bought a new position in shares of Invesco Bloomberg Analyst Rating Improvers ETF during the 4th quarter valued at about $251,000. Total Wealth Planning & Management Inc. bought a new position in shares of Invesco Bloomberg Analyst Rating Improvers ETF during the 4th quarter valued at about $431,000. HRT Financial LP boosted its position in shares of Invesco Bloomberg Analyst Rating Improvers ETF by 51.6% during the 4th quarter. HRT Financial LP now owns 9,026 shares of the company’s stock valued at $667,000 after purchasing an additional 3,073 shares in the last quarter. Finally, Susquehanna International Group LLP boosted its position in shares of Invesco Bloomberg Analyst Rating Improvers ETF by 41.6% during the 3rd quarter. Susquehanna International Group LLP now owns 9,419 shares of the company’s stock valued at $705,000 after purchasing an additional 2,765 shares in 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.