Invesco Bloomberg Financial Data Providers ETF (NASDAQ:FDIQ) Short Interest Up 152.1% in July

Invesco Bloomberg Financial Data Providers ETF (NASDAQ:FDIQ) was the recipient of a large increase in short interest in July. As of July 31st, there was short interest totaling 1,157 shares, an increase of 152.1% from the July 15th total of 459 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 2,875 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On Invesco Bloomberg Financial Data Providers ETF

Large investors have recently modified their holdings of the business. Compass Financial Management LLC acquired a new position in Invesco Bloomberg Financial Data Providers ETF during the second quarter worth about $44,000. Corient Private Wealth LLC purchased a new position in Invesco Bloomberg Financial Data Providers ETF in the 4th quarter worth approximately $389,000. Osaic Holdings Inc. boosted its holdings in shares of Invesco Bloomberg Financial Data Providers ETF by 10.5% during the 4th quarter. Osaic Holdings Inc. now owns 4,283 shares of the company’s stock worth $265,000 after purchasing an additional 407 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in shares of Invesco Bloomberg Financial Data Providers ETF during the 4th quarter worth approximately $74,000. Finally, Cherry Tree Wealth Management LLC purchased a new stake in shares of Invesco Bloomberg Financial Data Providers ETF in the fourth quarter valued at approximately $31,000.

Invesco Bloomberg Financial Data Providers ETF Stock Down 0.4%

Shares of Invesco Bloomberg Financial Data Providers ETF stock opened at $72.85 on Friday. Invesco Bloomberg Financial Data Providers ETF has a twelve month low of $55.60 and a twelve month high of $76.55. The business has a 50-day moving average price of $69.80 and a 200 day moving average price of $69.79. The firm has a market cap of $531.80 million, a PE ratio of 13.81 and a beta of 0.78.

About Invesco Bloomberg Financial Data Providers ETF

Invesco KBW Regional Banking ETF (NASDAQ: FDIQ) is an exchange-traded fund designed to track the performance of an index focused on regional banking companies in the United States. The fund provides investors with exposure to a diversified group of banks that typically operate across local and regional markets, offering a way to gain targeted access to the U.S. banking sector through a single security.

The ETF is managed by Invesco, a global investment management firm known for offering a wide range of funds and other investment products.