Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) Sees Large Growth in Short Interest

Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 83 shares, an increase of 80.4% from the May 31st total of 46 shares. Based on an average daily volume of 3,157 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Invesco MSCI Sustainable Future ETF Trading Down 0.4%

Shares of Invesco MSCI Sustainable Future ETF stock opened at $46.81 on Friday. The company’s 50-day moving average price is $49.23 and its 200-day moving average price is $48.43. Invesco MSCI Sustainable Future ETF has a 12-month low of $42.73 and a 12-month high of $51.45. The company has a market cap of $135.75 million, a price-to-earnings ratio of 21.14 and a beta of 0.97.

Institutional Investors Weigh In On Invesco MSCI Sustainable Future ETF

Large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its holdings in shares of Invesco MSCI Sustainable Future ETF by 16.7% in the 1st quarter. Royal Bank of Canada now owns 28,581 shares of the company’s stock valued at $1,355,000 after acquiring an additional 4,082 shares in the last quarter. Global Assets Advisory LLC purchased a new position in Invesco MSCI Sustainable Future ETF in the 1st quarter worth approximately $47,000. Kestra Advisory Services LLC raised its position in shares of Invesco MSCI Sustainable Future ETF by 25.5% during the 1st quarter. Kestra Advisory Services LLC now owns 7,031 shares of the company’s stock valued at $333,000 after buying an additional 1,430 shares in the last quarter. Sankala Group LLC bought a new stake in shares of Invesco MSCI Sustainable Future ETF during the 4th quarter worth $56,000. Finally, Aptus Capital Advisors LLC increased its stake in Invesco MSCI Sustainable Future ETF by 117.2% in the fourth quarter. Aptus Capital Advisors LLC now owns 556 shares of the company’s stock valued at $26,000 after acquiring an additional 300 shares during the last quarter.

About Invesco MSCI Sustainable Future ETF

The Invesco MSCI Sustainable Future ETF (ERTH) is an exchange-traded fund that is based on the MSCI Global Environment Select index. The fund tracks an index of global companies focusing on contributing to a more environmentally sustainable economy. ERTH was launched on Oct 24, 2006 and is managed by Invesco.