Invesco MSCI USA ETF (BATS:PBUS) Shares Shorted: Short Interest Up 78.9% in September

Invesco MSCI USA ETF (BATS:PBUS) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 40,960 shares, a growth of 78.9% from the September 15th total of 22,898 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 518,504 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On Invesco MSCI USA ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Integrated Wealth Concepts LLC bought a new stake in Invesco MSCI USA ETF during the 2nd quarter worth about $39,000. TOP Private Wealth LLC. acquired a new stake in Invesco MSCI USA ETF in the 2nd quarter valued at about $90,000. Bank of America Corp DE increased its position in Invesco MSCI USA ETF by 225.1% in the 1st quarter. Bank of America Corp DE now owns 4,164 shares of the company’s stock valued at $271,000 after acquiring an additional 2,883 shares in the last quarter. Retirement Planning Group LLC bought a new position in shares of Invesco MSCI USA ETF in the first quarter worth about $332,000. Finally, Altus Wealth Group LLC raised its stake in shares of Invesco MSCI USA ETF by 3.7% in the first quarter. Altus Wealth Group LLC now owns 37,267 shares of the company’s stock worth $2,429,000 after acquiring an additional 1,339 shares during the last quarter.

Invesco MSCI USA ETF Stock Performance

PBUS opened at $77.14 on Thursday. The firm has a market cap of $10.21 billion, a price-to-earnings ratio of 26.20 and a beta of 1.03. The firm’s 50-day simple moving average is $77.09 and its 200-day simple moving average is $74.45. Invesco MSCI USA ETF has a twelve month low of $63.03 and a twelve month high of $78.40.

About Invesco MSCI USA ETF

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.