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

by · The Markets Daily

Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD – Get Free Report) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 790 shares, a decline of 63.7% from the June 30th total of 2,176 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 5,542 shares, the short-interest ratio is presently 0.1 days.

Invesco Bloomberg Analyst Rating Improvers ETF Stock Performance

UPGD opened at $84.28 on Wednesday. Invesco Bloomberg Analyst Rating Improvers ETF has a one year low of $70.85 and a one year high of $84.28. The company has a market cap of $121.36 million, a P/E ratio of 20.47 and a beta of 0.92. The business’s 50-day simple moving average is $81.44 and its 200-day simple moving average is $78.27.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of UPGD. Tower Research Capital LLC TRC grew its holdings in shares of Invesco Bloomberg Analyst Rating Improvers ETF by 85.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 26,578 shares of the company’s stock worth $1,966,000 after purchasing an additional 12,267 shares during the last quarter. Stifel Financial Corp purchased a new position in shares of Invesco Bloomberg Analyst Rating Improvers ETF in the 4th quarter valued at approximately $251,000. HRT Financial LP raised its position in Invesco Bloomberg Analyst Rating Improvers ETF by 51.6% during the 4th quarter. HRT Financial LP now owns 9,026 shares of the company’s stock worth $667,000 after buying an additional 3,073 shares during the last quarter. Total Wealth Planning & Management Inc. acquired a new position in Invesco Bloomberg Analyst Rating Improvers ETF during the 4th quarter worth approximately $431,000. Finally, Aspire Growth Partners LLC raised its position in Invesco Bloomberg Analyst Rating Improvers ETF by 1.7% in the fourth quarter. Aspire Growth Partners LLC now owns 10,518 shares of the company’s stock worth $778,000 after acquiring an additional 178 shares in the last quarter.

About Invesco Bloomberg Analyst Rating Improvers ETF

(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.

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