Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) Sees Significant Growth in Short Interest

Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 83 shares, a growth of 80.4% from the May 31st total of 46 shares. Based on an average trading volume of 3,157 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Invesco MSCI Sustainable Future ETF Stock Performance

NYSEARCA:ERTH opened at $47.02 on Thursday. The company has a market capitalization of $136.36 million, a P/E ratio of 21.14 and a beta of 0.97. The stock’s 50 day moving average price is $49.28 and its 200 day moving average price is $48.44. Invesco MSCI Sustainable Future ETF has a 52 week low of $42.53 and a 52 week high of $51.45.

Institutional Investors Weigh In On Invesco MSCI Sustainable Future ETF

A number of large investors have recently added to or reduced their stakes in ERTH. Royal Bank of Canada boosted its stake in Invesco MSCI Sustainable Future ETF by 2.6% during the 1st quarter. Royal Bank of Canada now owns 27,443 shares of the company’s stock valued at $1,066,000 after purchasing an additional 687 shares during the period. Jane Street Group LLC lifted its holdings in shares of Invesco MSCI Sustainable Future ETF by 55.5% during the first quarter. Jane Street Group LLC now owns 35,405 shares of the company’s stock worth $1,375,000 after buying an additional 12,640 shares during the last quarter. Cerity Partners LLC lifted its holdings in shares of Invesco MSCI Sustainable Future ETF by 608.0% during the second quarter. Cerity Partners LLC now owns 58,896 shares of the company’s stock worth $2,502,000 after buying an additional 50,577 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in shares of Invesco MSCI Sustainable Future ETF by 29.7% during the second quarter. Osaic Holdings Inc. now owns 4,137 shares of the company’s stock worth $176,000 after buying an additional 948 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in shares of Invesco MSCI Sustainable Future ETF by 0.8% in the third quarter. Bank of America Corp DE now owns 69,639 shares of the company’s stock valued at $3,318,000 after acquiring an additional 531 shares during the period.

About Invesco MSCI Sustainable Future ETF

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.