Short Interest in Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) Increases By 80.4%

Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 83 shares, an increase of 80.4% from the May 31st total of 46 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 3,157 shares, the short-interest ratio is presently 0.0 days.

Invesco MSCI Sustainable Future ETF Price Performance

Shares of Invesco MSCI Sustainable Future ETF stock opened at $46.81 on Friday. Invesco MSCI Sustainable Future ETF has a fifty-two week low of $42.73 and a fifty-two week high of $51.45. The firm has a market capitalization of $135.75 million, a P/E ratio of 21.14 and a beta of 0.97. The company’s 50 day moving average price is $49.17 and its two-hundred day moving average price is $48.42.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Royal Bank of Canada boosted its stake in shares of Invesco MSCI Sustainable Future ETF by 16.7% during the first quarter. Royal Bank of Canada now owns 28,581 shares of the company’s stock valued at $1,355,000 after purchasing an additional 4,082 shares in the last quarter. Global Assets Advisory LLC bought a new position in Invesco MSCI Sustainable Future ETF in the 1st quarter valued at approximately $47,000. Kestra Advisory Services LLC boosted its position in Invesco MSCI Sustainable Future ETF by 25.5% during the 1st quarter. Kestra Advisory Services LLC now owns 7,031 shares of the company’s stock worth $333,000 after buying an additional 1,430 shares during the period. Sankala Group LLC acquired a new stake in Invesco MSCI Sustainable Future ETF during the 4th quarter worth approximately $56,000. Finally, Aptus Capital Advisors LLC grew its holdings in Invesco MSCI Sustainable Future ETF by 117.2% during the 4th quarter. Aptus Capital Advisors LLC now owns 556 shares of the company’s stock worth $26,000 after acquiring an additional 300 shares during the last quarter.

Invesco MSCI Sustainable Future ETF Company Profile

The Invesco MSCI Sustainable Future ETF (ERTH) is an exchange-traded fund that is based on the MSCI Global Environment Select index. The fund tracks an index of global companies focusing on contributing to a more environmentally sustainable economy. ERTH was launched on Oct 24, 2006 and is managed by Invesco.