Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) Short Interest Down 72.0% in April

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its holdings in Invesco Bloomberg Analyst Rating Improvers ETF by 52,865.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 768,004 shares of the company’s stock valued at $56,825,000 after buying an additional 766,554 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in Invesco Bloomberg Analyst Rating Improvers ETF by 85.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 26,578 shares of the company’s stock worth $1,966,000 after acquiring an additional 12,267 shares during the last quarter. Aspire Growth Partners LLC increased its position 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 acquiring an additional 178 shares during the period. Susquehanna International Group LLP increased its position 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 acquiring an additional 2,765 shares during the period. Finally, HRT Financial LP raised its stake in shares of Invesco Bloomberg Analyst Rating Improvers ETF by 51.6% during the fourth quarter. HRT Financial LP now owns 9,026 shares of the company’s stock valued at $667,000 after acquiring an additional 3,073 shares during the last quarter.

Invesco Bloomberg Analyst Rating Improvers ETF Trading Up 0.4%

UPGD traded up $0.31 on Thursday, reaching $76.94. The stock had a trading volume of 287 shares, compared to its average volume of 2,881. The company has a market capitalization of $111.56 million, a price-to-earnings ratio of 20.47 and a beta of 0.92. Invesco Bloomberg Analyst Rating Improvers ETF has a fifty-two week low of $69.16 and a fifty-two week high of $79.47. The firm has a 50-day moving average of $75.52 and a 200-day moving average of $75.71.

About Invesco Bloomberg Analyst Rating Improvers ETF

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.