Short Interest in Invesco MSCI USA ETF (BATS:PBUS) Decreases By 58.5%

Invesco MSCI USA ETF (BATS:PBUS) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 25,329 shares, a drop of 58.5% from the July 15th total of 60,964 shares. Based on an average trading volume of 234,697 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of PBUS. Integrated Wealth Concepts LLC purchased a new stake in Invesco MSCI USA ETF in the first quarter valued at approximately $203,000. Marshall Wace LLP purchased a new position in Invesco MSCI USA ETF during the second quarter worth approximately $1,090,000. Jane Street Group LLC acquired a new position in shares of Invesco MSCI USA ETF in the 2nd quarter valued at $350,000. MML Investors Services LLC grew its stake in shares of Invesco MSCI USA ETF by 5.6% during the 2nd quarter. MML Investors Services LLC now owns 44,817 shares of the company’s stock valued at $2,787,000 after buying an additional 2,371 shares during the period. Finally, Tower Research Capital LLC TRC purchased a new stake in shares of Invesco MSCI USA ETF during the 2nd quarter valued at $494,000.

Invesco MSCI USA ETF Stock Down 0.2%

Shares of Invesco MSCI USA ETF stock opened at $77.91 on Friday. Invesco MSCI USA ETF has a fifty-two week low of $63.03 and a fifty-two week high of $78.22. The business’s fifty day moving average is $75.10 and its two-hundred day moving average is $71.72. The firm has a market cap of $10.32 billion, a PE ratio of 26.20 and a beta of 1.03.

Invesco MSCI USA ETF Company Profile

The Invesco PureBeta MSCI USA ETF (PBUS) is an exchange-traded fund that is based on the MSCI USA index. The fund tracks a market-cap-selected and -weighted index of mid and large-cap US stocks. PBUS was launched on Sep 22, 2017 and is managed by Invesco.