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

Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 17,999 shares, an increase of 21,585.5% from the June 15th total of 83 shares. Based on an average daily volume of 5,276 shares, the days-to-cover ratio is presently 3.4 days. Approximately 0.6% of the shares of the company are short sold.

Institutional Investors Weigh In On Invesco MSCI Sustainable Future ETF

A number of hedge funds have recently modified their holdings of the stock. Bank of Montreal Can grew its stake in Invesco MSCI Sustainable Future ETF by 17.0% in the fourth quarter. Bank of Montreal Can now owns 1,554 shares of the company’s stock worth $73,000 after purchasing an additional 226 shares during the period. Aptus Capital Advisors LLC lifted its position in Invesco MSCI Sustainable Future ETF by 117.2% during the fourth quarter. Aptus Capital Advisors LLC now owns 556 shares of the company’s stock valued at $26,000 after buying an additional 300 shares during the period. Bank of America Corp DE boosted its holdings in shares of Invesco MSCI Sustainable Future ETF by 0.8% during the 3rd quarter. Bank of America Corp DE now owns 69,639 shares of the company’s stock valued at $3,318,000 after buying an additional 531 shares in the last quarter. Kestra Advisory Services LLC boosted its holdings in shares of Invesco MSCI Sustainable Future ETF by 12.0% during the 4th quarter. Kestra Advisory Services LLC now owns 5,601 shares of the company’s stock valued at $264,000 after buying an additional 598 shares in the last quarter. Finally, Royal Bank of Canada grew its position in shares of Invesco MSCI Sustainable Future ETF by 2.6% in the 1st quarter. Royal Bank of Canada now owns 27,443 shares of the company’s stock worth $1,066,000 after buying an additional 687 shares during the period.

Invesco MSCI Sustainable Future ETF Trading Up 0.3%

Shares of NYSEARCA:ERTH traded up $0.14 during midday trading on Friday, reaching $46.50. The company had a trading volume of 1,908 shares, compared to its average volume of 3,600. The stock has a market cap of $134.85 million, a P/E ratio of 21.14 and a beta of 0.97. The company’s 50 day moving average price is $48.86 and its 200 day moving average price is $48.40. Invesco MSCI Sustainable Future ETF has a 52-week low of $42.98 and a 52-week high of $51.45.

Invesco MSCI Sustainable Future ETF Company Profile

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.