Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) Sees Significant Growth in Short Interest

by · The Markets Daily

Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD – Get Free Report) saw a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 1,243 shares, an increase of 101.1% from the August 31st total of 618 shares. Based on an average daily volume of 908 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Invesco Bloomberg Analyst Rating Improvers ETF

A hedge fund recently bought a new stake in Invesco Bloomberg Analyst Rating Improvers ETF stock. Total Wealth Planning & Management Inc. acquired a new stake in Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 5,831 shares of the company’s stock, valued at approximately $431,000. Total Wealth Planning & Management Inc. owned 0.42% of Invesco Bloomberg Analyst Rating Improvers ETF at the end of the most recent quarter.

Invesco Bloomberg Analyst Rating Improvers ETF Trading Down 0.1%

Shares of Invesco Bloomberg Analyst Rating Improvers ETF stock opened at $80.41 on Wednesday. The firm has a fifty day simple moving average of $82.53 and a 200-day simple moving average of $79.79. The stock has a market capitalization of $115.79 million, a price-to-earnings ratio of 20.47 and a beta of 0.92. Invesco Bloomberg Analyst Rating Improvers ETF has a 1-year low of $70.85 and a 1-year high of $84.73.

Invesco Bloomberg Analyst Rating Improvers ETF Company Profile

(Get Free Report)

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.

See Also