Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) Short Interest Down 38.0% in May

Invesco MSCI Sustainable Future ETF (NYSEARCA:ERTH) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 127 shares, a decline of 38.0% from the April 30th total of 205 shares. Based on an average daily volume of 3,157 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Hedge Funds Weigh In On Invesco MSCI Sustainable Future ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of Montreal Can boosted its holdings in shares of Invesco MSCI Sustainable Future ETF by 17.0% in the 4th quarter. Bank of Montreal Can now owns 1,554 shares of the company’s stock valued at $73,000 after buying an additional 226 shares during the period. Aptus Capital Advisors LLC raised its stake 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 acquiring an additional 300 shares during the period. Bank of America Corp DE raised its stake in Invesco MSCI Sustainable Future ETF by 0.8% during the third quarter. Bank of America Corp DE now owns 69,639 shares of the company’s stock worth $3,318,000 after acquiring an additional 531 shares during the period. Kestra Advisory Services LLC raised its stake in Invesco MSCI Sustainable Future ETF by 12.0% during the fourth quarter. Kestra Advisory Services LLC now owns 5,601 shares of the company’s stock worth $264,000 after acquiring an additional 598 shares during the period. Finally, Royal Bank of Canada raised its stake in Invesco MSCI Sustainable Future ETF by 2.6% during the first quarter. Royal Bank of Canada now owns 27,443 shares of the company’s stock worth $1,066,000 after acquiring an additional 687 shares during the period.

Invesco MSCI Sustainable Future ETF Stock Performance

Shares of NYSEARCA:ERTH opened at $50.70 on Friday. Invesco MSCI Sustainable Future ETF has a 1 year low of $41.48 and a 1 year high of $51.45. The stock has a market capitalization of $149.57 million, a P/E ratio of 21.14 and a beta of 0.97. The stock has a 50-day simple moving average of $49.35 and a 200-day simple moving average of $48.27.

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.