Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) Shares Shorted: Short Interest Up 163.6% in September

by · The Cerbat Gem

Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP – Get Free Report) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 203 shares, a growth of 163.6% from the August 31st total of 77 shares. Based on an average trading volume of 515 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Trading of Invesco Bloomberg MVP Multi-factor ETF

An institutional investor recently bought a new stake in Invesco Bloomberg MVP Multi-factor ETF stock. Evanson Financial LLC purchased a new position in shares of Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,021 shares of the company’s stock, valued at approximately $309,000. Evanson Financial LLC owned about 0.31% of Invesco Bloomberg MVP Multi-factor ETF as of its most recent SEC filing.

Invesco Bloomberg MVP Multi-factor ETF Price Performance

NYSEARCA BMVP traded down $0.17 on Monday, hitting $52.17. The company had a trading volume of 513 shares, compared to its average volume of 1,249. The company has a market capitalization of $100.69 million, a PE ratio of 20.94 and a beta of 0.89. The company’s fifty day moving average price is $53.87 and its 200-day moving average price is $52.13. Invesco Bloomberg MVP Multi-factor ETF has a 12-month low of $47.46 and a 12-month high of $55.18.

Invesco Bloomberg MVP Multi-factor ETF Company Profile

(Get Free Report)

The Invesco Bloomberg MVP Multi-factor ETF (BMVP) is an exchange-traded fund that is based on the Bloomberg MVP index. The fund tracks an equally-weighted index of US large-cap securities, selected by their fundamental and technical characteristics. BMVP was launched on May 1, 2003 and is issued by Invesco.

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