Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) Short Interest Update

Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 203 shares, an increase of 163.6% from the August 31st total of 77 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 515 shares, the short-interest ratio is presently 0.4 days.

Invesco Bloomberg MVP Multi-factor ETF Stock Performance

BMVP opened at $52.34 on Friday. The company’s 50-day simple moving average is $53.87 and its two-hundred day simple moving average is $52.13. Invesco Bloomberg MVP Multi-factor ETF has a 52-week low of $47.46 and a 52-week high of $55.18. The stock has a market capitalization of $101.02 million, a P/E ratio of 20.94 and a beta of 0.89.

Hedge Funds Weigh In On Invesco Bloomberg MVP Multi-factor ETF

A hedge fund recently bought a new position in Invesco Bloomberg MVP Multi-factor ETF stock. Washington Trust Advisors Inc. acquired a new stake in shares of Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 777 shares of the company’s stock, valued at approximately $40,000.

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.