Invesco Alerian Galaxy Crypto Economy ETF (BATS:SATO) Short Interest Up 79.2% in July

Invesco Alerian Galaxy Crypto Economy ETF (BATS:SATO) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 742 shares, an increase of 79.2% from the July 15th total of 414 shares. Based on an average daily trading volume, of 1,895 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are short sold.

Hedge Funds Weigh In On Invesco Alerian Galaxy Crypto Economy ETF

A hedge fund recently raised its stake in Invesco Alerian Galaxy Crypto Economy ETF stock. CreativeOne Wealth LLC lifted its stake in shares of Invesco Alerian Galaxy Crypto Economy ETF (BATS:SATO) by 19.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,633 shares of the company’s stock after purchasing an additional 2,210 shares during the quarter. CreativeOne Wealth LLC owned 2.27% of Invesco Alerian Galaxy Crypto Economy ETF worth $242,000 as of its most recent SEC filing.

Invesco Alerian Galaxy Crypto Economy ETF Trading Up 1.3%

Shares of SATO stock opened at $15.82 on Tuesday. The stock has a market cap of $9.49 million, a P/E ratio of 18.87 and a beta of 2.94. Invesco Alerian Galaxy Crypto Economy ETF has a 1 year low of $13.30 and a 1 year high of $31.55. The stock has a 50 day simple moving average of $16.37 and a 200 day simple moving average of $16.65.

Invesco Alerian Galaxy Crypto Economy ETF Company Profile

The Invesco Alerian Galaxy Crypto Economy ETF (SATO) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index that holds cryptocurrency-focused equities, and crypto ETPs and trusts. The index is weighted in tier. SATO was launched on Oct 7, 2021 and is managed by Invesco.