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

Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) was the target of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 288 shares, a decline of 94.3% from the May 14th total of 5,093 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,693 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Invesco Bloomberg Analyst Rating Improvers ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco Bloomberg Analyst Rating Improvers ETF by 52,865.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 768,004 shares of the company’s stock valued at $56,825,000 after purchasing an additional 766,554 shares during the period. Aspire Growth Partners LLC grew its position in Invesco Bloomberg Analyst Rating Improvers ETF by 1.7% in the fourth quarter. Aspire Growth Partners LLC now owns 10,518 shares of the company’s stock valued at $778,000 after acquiring an additional 178 shares during the period. Murphy Middleton Hinkle & Parker Inc. bought a new stake in Invesco Bloomberg Analyst Rating Improvers ETF in the fourth quarter valued at $46,000. Tower Research Capital LLC TRC grew its position in Invesco Bloomberg Analyst Rating Improvers ETF by 85.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 26,578 shares of the company’s stock valued at $1,966,000 after acquiring an additional 12,267 shares during the period. Finally, Susquehanna International Group LLP grew 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 valued at $705,000 after acquiring an additional 2,765 shares during the period.

Invesco Bloomberg Analyst Rating Improvers ETF Price Performance

Shares of UPGD traded up $0.25 on Tuesday, reaching $81.46. 559 shares of the stock traded hands, compared to its average volume of 2,612. The firm has a market cap of $118.12 million, a price-to-earnings ratio of 20.47 and a beta of 0.92. Invesco Bloomberg Analyst Rating Improvers ETF has a 12 month low of $69.16 and a 12 month high of $82.36. The stock’s 50-day moving average price is $77.43 and its 200-day moving average price is $76.55.

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.