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

Invesco Bloomberg MVP Multi-factor ETF (NYSEARCA:BMVP) saw a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 600 shares, an increase of 50.0% from the May 15th total of 400 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 2,200 shares, the short-interest ratio is presently 0.3 days.

Invesco Bloomberg MVP Multi-factor ETF Stock Up 0.6%

NYSEARCA:BMVP traded up $0.28 during trading hours on Monday, reaching $47.90. 434 shares of the company’s stock were exchanged, compared to its average volume of 2,412. The company has a market capitalization of $110.64 million, a P/E ratio of 21.07 and a beta of 0.97. Invesco Bloomberg MVP Multi-factor ETF has a 12 month low of $42.01 and a 12 month high of $50.90. The business’s 50-day simple moving average is $46.85 and its two-hundred day simple moving average is $47.56.

Institutional Trading of Invesco Bloomberg MVP Multi-factor ETF

Several institutional investors and hedge funds have recently bought and sold shares of BMVP. Ameriflex Group Inc. purchased a new stake in shares of Invesco Bloomberg MVP Multi-factor ETF in the 4th quarter valued at approximately $47,000. Jones Financial Companies Lllp grew its holdings in shares of Invesco Bloomberg MVP Multi-factor ETF by 59.0% during the 4th quarter. Jones Financial Companies Lllp now owns 2,400 shares of the company’s stock valued at $112,000 after acquiring an additional 891 shares in the last quarter. Citadel Advisors LLC acquired a new position in shares of Invesco Bloomberg MVP Multi-factor ETF in the fourth quarter worth $226,000. Entrewealth LLC purchased a new stake in shares of Invesco Bloomberg MVP Multi-factor ETF during the fourth quarter worth $236,000. Finally, Dale Q Rice Investment Management Ltd acquired a new stake in Invesco Bloomberg MVP Multi-factor ETF during the first quarter valued at $297,000.

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.