Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) Short Interest Up 173.2% in December

Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 672 shares, an increase of 173.2% from the November 30th total of 246 shares. Based on an average daily volume of 1,535 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,535 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Invesco Bloomberg MVP Multi-factor ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Quaker Wealth Management LLC grew its stake in shares of Invesco Bloomberg MVP Multi-factor ETF by 200.4% in the 2nd quarter. Quaker Wealth Management LLC now owns 717 shares of the company’s stock valued at $35,000 after purchasing an additional 1,431 shares during the period. Atlantic Union Bankshares Corp acquired a new stake in Invesco Bloomberg MVP Multi-factor ETF in the 2nd quarter valued at about $39,000. Raymond James Financial Inc. bought a new position in Invesco Bloomberg MVP Multi-factor ETF in the 2nd quarter worth approximately $70,000. Bank of America Corp DE lifted its stake in shares of Invesco Bloomberg MVP Multi-factor ETF by 559.3% during the second quarter. Bank of America Corp DE now owns 1,978 shares of the company’s stock valued at $96,000 after acquiring an additional 1,678 shares during the period. Finally, Jones Financial Companies Lllp lifted its position in Invesco Bloomberg MVP Multi-factor ETF by 53.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,429 shares of the company’s stock valued at $216,000 after purchasing an additional 1,548 shares during the period.

Invesco Bloomberg MVP Multi-factor ETF Stock Performance

Shares of Invesco Bloomberg MVP Multi-factor ETF stock traded down $0.03 during trading on Friday, reaching $49.44. The company’s stock had a trading volume of 1,336 shares, compared to its average volume of 3,468. Invesco Bloomberg MVP Multi-factor ETF has a one year low of $42.01 and a one year high of $50.00. The firm has a market cap of $102.34 million, a price-to-earnings ratio of 20.94 and a beta of 0.95. The business’s fifty day moving average price is $48.73 and its 200-day moving average price is $48.53.

About Invesco Bloomberg MVP Multi-factor ETF

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.