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

Invesco Bloomberg Financial Data Providers ETF (NASDAQ:FDIQ) was the recipient of a significant increase in short interest during the month of 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. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 2,875 shares, the days-to-cover ratio is presently 0.4 days.

Invesco Bloomberg Financial Data Providers ETF Price Performance

NASDAQ FDIQ opened at $72.47 on Friday. The business’s fifty day moving average is $69.71 and its 200-day moving average is $69.77. The stock has a market capitalization of $529.03 million, a price-to-earnings ratio of 13.81 and a beta of 0.78. Invesco Bloomberg Financial Data Providers ETF has a one year low of $55.60 and a one year high of $76.55.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Nwam LLC purchased a new stake in shares of Invesco Bloomberg Financial Data Providers ETF during the 4th quarter valued at $416,000. Corient Private Wealth LLC bought a new stake in shares of Invesco Bloomberg Financial Data Providers ETF in the 4th quarter valued at about $389,000. Jane Street Group LLC bought a new position in Invesco Bloomberg Financial Data Providers ETF during the 1st quarter worth approximately $302,000. SOL Capital Management CO purchased a new position in Invesco Bloomberg Financial Data Providers ETF in the 4th quarter worth approximately $203,000. Finally, Compass Financial Management LLC bought a new stake in Invesco Bloomberg Financial Data Providers ETF in the second quarter valued at approximately $44,000.

Invesco Bloomberg Financial Data Providers ETF Company Profile

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.