Short Interest in Invesco MSCI USA ETF (BATS:PBUS) Rises By 154.2%

Invesco MSCI USA ETF (BATS:PBUS) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 189,216 shares, a growth of 154.2% from the April 15th total of 74,437 shares. Based on an average daily volume of 182,499 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.1% of the shares of the stock are sold short.

Invesco MSCI USA ETF Price Performance

Shares of Invesco MSCI USA ETF stock opened at $74.89 on Friday. Invesco MSCI USA ETF has a 1 year low of $57.96 and a 1 year high of $75.03. The firm has a market cap of $9.92 billion, a PE ratio of 26.20 and a beta of 1.03. The company has a 50 day simple moving average of $68.81 and a two-hundred day simple moving average of $68.69.

Institutional Trading of Invesco MSCI USA ETF

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Geneos Wealth Management Inc. lifted its holdings in shares of Invesco MSCI USA ETF by 110.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 526 shares of the company’s stock worth $33,000 after acquiring an additional 276 shares during the last quarter. Bank of America Corp DE increased its stake in Invesco MSCI USA ETF by 1,298.6% in the third quarter. Bank of America Corp DE now owns 1,035 shares of the company’s stock valued at $69,000 after acquiring an additional 961 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in Invesco MSCI USA ETF during the first quarter valued at about $203,000. Retirement Planning Group LLC purchased a new stake in Invesco MSCI USA ETF during the first quarter valued at about $332,000. Finally, Jane Street Group LLC bought a new stake in Invesco MSCI USA ETF during the second quarter worth about $350,000.

About Invesco MSCI USA ETF

The Invesco PureBeta MSCI USA ETF (PBUS) is an exchange-traded fund that is based on the MSCI USA index. The fund tracks a market-cap-selected and -weighted index of mid and large-cap US stocks. PBUS was launched on Sep 22, 2017 and is managed by Invesco.