Short Interest in Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) Declines By 63.8%

Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) saw a significant drop in short interest in May. As of May 29th, there was short interest totaling 46 shares, a drop of 63.8% from the May 14th total of 127 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,276 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On Invesco MSCI Sustainable Future ETF

Hedge funds have recently bought and sold shares of the stock. Aptus Capital Advisors LLC increased 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 worth $26,000 after buying an additional 300 shares in the last quarter. Global Assets Advisory LLC purchased a new position in Invesco MSCI Sustainable Future ETF during the first quarter worth $47,000. Sankala Group LLC purchased a new position in Invesco MSCI Sustainable Future ETF during the fourth quarter worth $56,000. AlphaCore Capital LLC purchased a new position in Invesco MSCI Sustainable Future ETF during the fourth quarter worth $62,000. Finally, Bank of Montreal Can increased its position in Invesco MSCI Sustainable Future ETF by 17.0% during the fourth quarter. Bank of Montreal Can now owns 1,554 shares of the company’s stock worth $73,000 after buying an additional 226 shares in the last quarter.

Invesco MSCI Sustainable Future ETF Price Performance

Invesco MSCI Sustainable Future ETF stock traded up $0.34 during mid-day trading on Friday, hitting $48.86. 1,195 shares of the company were exchanged, compared to its average volume of 3,517. The business’s 50 day simple moving average is $49.54 and its two-hundred day simple moving average is $48.36. The company has a market capitalization of $144.14 million, a P/E ratio of 21.14 and a beta of 0.97. Invesco MSCI Sustainable Future ETF has a 12-month low of $41.48 and a 12-month high of $51.45.

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.