Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) Sees Large Increase in Short Interest

Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 500 shares, a growth of 400.0% from the June 30th total of 100 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 1,500 shares, the short-interest ratio is currently 0.3 days.

Invesco Bloomberg MVP Multi-factor ETF Price Performance

BMVP stock opened at $48.07 on Thursday. The company has a 50 day moving average price of $48.02 and a 200 day moving average price of $47.59. Invesco Bloomberg MVP Multi-factor ETF has a fifty-two week low of $42.01 and a fifty-two week high of $50.90. The stock has a market capitalization of $110.56 million, a PE ratio of 20.94 and a beta of 0.96.

Institutional Trading of Invesco Bloomberg MVP Multi-factor ETF

Several institutional investors and hedge funds have recently made changes to their positions in BMVP. Ameriflex Group Inc. bought a new stake in shares of Invesco Bloomberg MVP Multi-factor ETF during the 4th quarter valued at $47,000. Citadel Advisors LLC bought a new stake in shares of Invesco Bloomberg MVP Multi-factor ETF in the 4th quarter valued at $226,000. Dale Q Rice Investment Management Ltd bought a new stake in shares of Invesco Bloomberg MVP Multi-factor ETF in the 1st quarter valued at $297,000. Bank of Montreal Can bought a new stake in shares of Invesco Bloomberg MVP Multi-factor ETF in the 4th quarter valued at $363,000. Finally, LPL Financial LLC increased its position in shares of Invesco Bloomberg MVP Multi-factor ETF by 0.8% in the 4th quarter. LPL Financial LLC now owns 94,762 shares of the company’s stock valued at $4,439,000 after buying an additional 753 shares in the last quarter.

Invesco Bloomberg MVP Multi-factor ETF Company Profile

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.