Short Interest in Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) Drops By 94.3%

Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) was the recipient of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 288 shares, a drop of 94.3% from the May 14th total of 5,093 shares. Based on an average daily trading volume, of 1,693 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On Invesco Bloomberg Analyst Rating Improvers ETF

Several hedge funds have recently bought and sold shares of UPGD. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Invesco Bloomberg Analyst Rating Improvers ETF by 52,865.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 768,004 shares of the company’s stock valued at $56,825,000 after purchasing an additional 766,554 shares during the last quarter. Aspire Growth Partners LLC grew its holdings in shares of Invesco Bloomberg Analyst Rating Improvers ETF by 1.7% during the 4th quarter. Aspire Growth Partners LLC now owns 10,518 shares of the company’s stock valued at $778,000 after purchasing an additional 178 shares during the last quarter. Murphy Middleton Hinkle & Parker Inc. bought a new stake in shares of Invesco Bloomberg Analyst Rating Improvers ETF during the 4th quarter valued at approximately $46,000. Tower Research Capital LLC TRC grew its holdings in shares of 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 valued at $1,966,000 after purchasing an additional 12,267 shares during the last quarter. Finally, Susquehanna International Group LLP grew its holdings in shares of Invesco Bloomberg Analyst Rating Improvers ETF by 41.6% during the 3rd quarter. Susquehanna International Group LLP now owns 9,419 shares of the company’s stock valued at $705,000 after purchasing an additional 2,765 shares during the last quarter.

Invesco Bloomberg Analyst Rating Improvers ETF Trading Up 1.8%

UPGD stock traded up $1.45 during mid-day trading on Thursday, hitting $80.88. The stock had a trading volume of 2,647 shares, compared to its average volume of 2,598. Invesco Bloomberg Analyst Rating Improvers ETF has a 52 week low of $69.16 and a 52 week high of $82.36. The firm has a market capitalization of $117.28 million, a P/E ratio of 20.47 and a beta of 0.92. The firm has a fifty day simple moving average of $77.59 and a 200 day simple moving average of $76.61.

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.