Short Interest in Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) Expands By 58.1%

Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 618 shares, an increase of 58.1% from the August 15th total of 391 shares. Based on an average daily volume of 894 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Trading of Invesco Bloomberg Analyst Rating Improvers ETF

An institutional investor recently bought a new position in Invesco Bloomberg Analyst Rating Improvers ETF stock. Total Wealth Planning & Management Inc. acquired a new stake in shares of Invesco Bloomberg Analyst Rating Improvers ETF (NYSEARCA:UPGD) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,831 shares of the company’s stock, valued at approximately $431,000. Total Wealth Planning & Management Inc. owned about 0.42% of Invesco Bloomberg Analyst Rating Improvers ETF at the end of the most recent reporting period.

Invesco Bloomberg Analyst Rating Improvers ETF Trading Up 1.2%

UPGD stock traded up $0.97 during midday trading on Thursday, hitting $81.58. 214 shares of the company’s stock were exchanged, compared to its average volume of 2,220. The firm has a 50 day moving average price of $82.76 and a 200-day moving average price of $79.58. Invesco Bloomberg Analyst Rating Improvers ETF has a 12-month low of $70.85 and a 12-month high of $84.73. The stock has a market capitalization of $85.66 million, a price-to-earnings ratio of 20.47 and a beta of 0.92.

Invesco Bloomberg Analyst Rating Improvers ETF Company Profile

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.