Invesco MSCI USA ETF (BATS:PBUS) Short Interest Update

Invesco MSCI USA ETF (BATS:PBUS) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 60,964 shares, a decrease of 75.8% from the June 30th total of 252,333 shares. Based on an average daily trading volume, of 439,658 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Morgan Stanley boosted its position in shares of Invesco MSCI USA ETF by 19.6% during the fourth quarter. Morgan Stanley now owns 32,156,914 shares of the company’s stock valued at $2,201,141,000 after purchasing an additional 5,280,388 shares in the last quarter. Bank of New York Mellon Corp bought a new position in Invesco MSCI USA ETF in the first quarter worth $143,354,000. Raymond James Financial Inc. lifted its position in Invesco MSCI USA ETF by 4.6% during the fourth quarter. Raymond James Financial Inc. now owns 1,545,014 shares of the company’s stock valued at $105,756,000 after buying an additional 67,908 shares during the period. Invesco Ltd. lifted its position in Invesco MSCI USA ETF by 141.0% during the third quarter. Invesco Ltd. now owns 1,294,760 shares of the company’s stock valued at $86,814,000 after buying an additional 757,506 shares during the period. Finally, Ensign Peak Advisors Inc purchased a new position in Invesco MSCI USA ETF during the fourth quarter valued at $81,334,000.

Invesco MSCI USA ETF Price Performance

PBUS traded up $0.07 on Friday, hitting $74.07. The company had a trading volume of 62,389 shares, compared to its average volume of 375,094. The stock has a fifty day simple moving average of $74.71 and a 200-day simple moving average of $70.98. The firm has a market capitalization of $9.81 billion, a P/E ratio of 26.20 and a beta of 1.03. Invesco MSCI USA ETF has a 52-week low of $62.30 and a 52-week high of $76.22.

Invesco MSCI USA ETF Company Profile

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.