Invesco MSCI USA ETF (BATS:PBUS) Shares Shorted: Short Interest Up 78.9% in September

Invesco MSCI USA ETF (BATS:PBUS) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 40,960 shares, an increase of 78.9% from the September 15th total of 22,898 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 518,504 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On Invesco MSCI USA ETF

Several hedge funds and other institutional investors have recently made changes to their positions in PBUS. Integrated Wealth Concepts LLC acquired a new stake in shares of Invesco MSCI USA ETF in the 2nd quarter valued at $39,000. TOP Private Wealth LLC. acquired a new position in shares of Invesco MSCI USA ETF during the second quarter valued at $90,000. Bank of America Corp DE lifted its stake in shares of Invesco MSCI USA ETF by 225.1% during the first quarter. Bank of America Corp DE now owns 4,164 shares of the company’s stock valued at $271,000 after acquiring an additional 2,883 shares during the period. Retirement Planning Group LLC acquired a new position in shares of Invesco MSCI USA ETF during the first quarter valued at $332,000. Finally, Altus Wealth Group LLC boosted its holdings in Invesco MSCI USA ETF by 3.7% in the first quarter. Altus Wealth Group LLC now owns 37,267 shares of the company’s stock valued at $2,429,000 after acquiring an additional 1,339 shares during the last quarter.

Invesco MSCI USA ETF Price Performance

PBUS stock opened at $77.14 on Thursday. The company has a 50 day moving average price of $77.09 and a 200 day moving average price of $74.45. Invesco MSCI USA ETF has a fifty-two week low of $63.03 and a fifty-two week high of $78.40. The stock has a market capitalization of $10.21 billion, a PE ratio of 26.20 and a beta of 1.03.

About Invesco MSCI USA ETF

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.