Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) Sees Large Decline in Short Interest

Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 288 shares, a decline of 72.0% from the April 15th total of 1,030 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 1,196 shares, the days-to-cover ratio is presently 0.2 days.

Invesco Bloomberg Analyst Rating Improvers ETF Price Performance

Shares of UPGD stock traded down $0.60 during trading on Wednesday, hitting $76.63. 182 shares of the stock traded hands, compared to its average volume of 2,911. The firm has a market capitalization of $111.11 million, a P/E ratio of 20.47 and a beta of 0.92. The firm’s fifty day moving average price is $75.60 and its 200-day moving average price is $75.68. Invesco Bloomberg Analyst Rating Improvers ETF has a 52-week low of $69.16 and a 52-week high of $79.47.

Institutional Trading of Invesco Bloomberg Analyst Rating Improvers ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Aspire Growth Partners LLC increased its holdings in Invesco Bloomberg Analyst Rating Improvers ETF by 1.7% in the 4th quarter. Aspire Growth Partners LLC now owns 10,518 shares of the company’s stock valued at $778,000 after purchasing an additional 178 shares during the last quarter. Murphy Middleton Hinkle & Parker Inc. acquired a new stake in Invesco Bloomberg Analyst Rating Improvers ETF in the 4th quarter valued at approximately $46,000. Susquehanna International Group LLP increased its holdings in Invesco Bloomberg Analyst Rating Improvers ETF by 41.6% in 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 during the last quarter. HRT Financial LP increased its holdings in Invesco Bloomberg Analyst Rating Improvers ETF by 51.6% in 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 during the last quarter. Finally, Stifel Financial Corp acquired a new stake in Invesco Bloomberg Analyst Rating Improvers ETF in the 4th quarter valued at approximately $251,000.

Invesco Bloomberg Analyst Rating Improvers ETF Company Profile

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.