Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) Stock Short Interest Report for October

Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 93 shares, a drop of 64.9% from the September 30th total of 265 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 575 shares, the short-interest ratio is currently 0.2 days.

Invesco Bloomberg MVP Multi-factor ETF Stock Up 1.0%

NYSEARCA:BMVP traded up $0.54 on Thursday, hitting $54.55. The stock had a trading volume of 21 shares, compared to its average volume of 1,188. Invesco Bloomberg MVP Multi-factor ETF has a 1-year low of $47.57 and a 1-year high of $55.18. The stock has a market cap of $104.74 million, a price-to-earnings ratio of 20.94 and a beta of 0.89. The company has a fifty day moving average price of $53.52 and a two-hundred day moving average price of $52.18.

Institutional Trading of Invesco Bloomberg MVP Multi-factor ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in BMVP. Evanson Financial LLC acquired a new stake in Invesco Bloomberg MVP Multi-factor ETF in the second quarter valued at $309,000. Washington Trust Advisors Inc. acquired a new position in shares of Invesco Bloomberg MVP Multi-factor ETF in the second quarter valued at approximately $40,000. Finally, William Mack & Associates Inc. acquired a new stake in Invesco Bloomberg MVP Multi-factor ETF in the 3rd quarter worth about $32,000.

Invesco Bloomberg MVP Multi-factor ETF Company Profile

The Invesco Bloomberg MVP Multi-factor ETF (BMVP) is an exchange-traded fund that is based on the Bloomberg MVP index. The fund tracks an equally-weighted index of US large-cap securities, selected by their fundamental and technical characteristics. BMVP was launched on May 1, 2003 and is issued by Invesco.