Short Interest in Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) Rises By 21,585.5%

Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 17,999 shares, a growth of 21,585.5% from the June 15th total of 83 shares. Currently, 0.6% of the shares of the company are short sold. Based on an average daily volume of 5,276 shares, the short-interest ratio is presently 3.4 days.

Invesco MSCI Sustainable Future ETF Trading Up 0.3%

Shares of NYSEARCA ERTH traded up $0.14 during trading on Friday, reaching $46.50. 1,908 shares of the company traded hands, compared to its average volume of 3,600. The stock has a market cap of $134.85 million, a P/E ratio of 21.14 and a beta of 0.97. The firm’s fifty day simple moving average is $48.86 and its 200 day simple moving average is $48.40. Invesco MSCI Sustainable Future ETF has a 12-month low of $42.98 and a 12-month high of $51.45.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada boosted its position in Invesco MSCI Sustainable Future ETF by 16.7% in the 1st quarter. Royal Bank of Canada now owns 28,581 shares of the company’s stock worth $1,355,000 after purchasing an additional 4,082 shares in the last quarter. Global Assets Advisory LLC acquired a new position in shares of Invesco MSCI Sustainable Future ETF in the 1st quarter valued at $47,000. Kestra Advisory Services LLC boosted its holdings in Invesco MSCI Sustainable Future ETF by 25.5% during the first quarter. Kestra Advisory Services LLC now owns 7,031 shares of the company’s stock worth $333,000 after buying an additional 1,430 shares in the last quarter. Sankala Group LLC acquired a new stake in Invesco MSCI Sustainable Future ETF during the fourth quarter valued at $56,000. Finally, Aptus Capital Advisors LLC grew its position in Invesco MSCI Sustainable Future ETF by 117.2% during the fourth quarter. Aptus Capital Advisors LLC now owns 556 shares of the company’s stock valued at $26,000 after buying an additional 300 shares during the period.

Invesco MSCI Sustainable Future ETF Company Profile

The Invesco MSCI Sustainable Future ETF (ERTH) is an exchange-traded fund that is based on the MSCI Global Environment Select index. The fund tracks an index of global companies focusing on contributing to a more environmentally sustainable economy. ERTH was launched on Oct 24, 2006 and is managed by Invesco.