After Reaching Milestone, Is Invesco Ltd (NYSE:IVZ)’s Short Interest Revealing Something?

Invesco Ltd. (NYSE:IVZ) Logo

Investors sentiment increased to 1.25 in Q2 2019. Its up 0.24, from 1.01 in 2019Q1. It improved, as 28 investors sold Invesco Ltd. shares while 127 reduced holdings. 53 funds opened positions while 140 raised stakes. 306.73 million shares or 3.56% more from 296.19 million shares in 2019Q1 were reported.
Wolverine Asset Llc holds 0.07% in Invesco Ltd. (NYSE:IVZ) or 250,000 shares. Benjamin F Edwards & Co Inc holds 0% of its portfolio in Invesco Ltd. (NYSE:IVZ) for 198 shares. Hamlin Capital Management Ltd Liability Corp stated it has 1.86M shares or 1.63% of all its holdings. Dekabank Deutsche Girozentrale holds 63,359 shares. Asset Mngmt One Ltd holds 0.02% in Invesco Ltd. (NYSE:IVZ) or 205,415 shares. 9,262 are held by Amica Retiree Medical. Finance Architects Inc owns 179 shares for 0% of their portfolio. Argent Trust Communication holds 0.1% or 47,245 shares in its portfolio. Kbc Gp Nv accumulated 40,106 shares. Utd Fincl Advisers Limited Liability Company has 0.01% invested in Invesco Ltd. (NYSE:IVZ). Ing Groep Nv reported 59,913 shares. Lenox Wealth Management holds 600 shares. Hilltop accumulated 10,593 shares. Moreover, Bancorporation Of America Corporation De has 0.09% invested in Invesco Ltd. (NYSE:IVZ) for 27.76M shares. Jane Street Grp Inc Limited owns 52,799 shares or 0% of their US portfolio.

Since May 2, 2019, it had 4 insider purchases, and 0 insider sales for $846,920 activity. $213,700 worth of Invesco Ltd. (NYSE:IVZ) was bought by Johnson Ben F. III on Thursday, May 2. WAGONER G RICHARD JR also bought $207,120 worth of Invesco Ltd. (NYSE:IVZ) shares.

The stock of Invesco Ltd (NYSE:IVZ) registered an increase of 32.78% in short interest. IVZ’s total short interest was 25.67 million shares in September as published by FINRA. Its up 32.78% from 19.33 million shares, reported previously. With 4.38M shares average volume, it will take short sellers 6 days to cover their IVZ’s short positions. The short interest to Invesco Ltd’s float is 6.58%.

The stock increased 0.52% or $0.09 during the last trading session, reaching $17.35. About 3.95M shares traded. Invesco Ltd. (NYSE:IVZ) has declined 29.86% since September 13, 2018 and is downtrending. It has underperformed by 29.86% the S&P500.

Invesco Ltd. is a publicly owned investment manager. The company has market cap of $8.15 billion. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, firms, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds. It has a 11.99 P/E ratio. It manages separate client-focused equity and fixed income portfolios.

Invesco Ltd. (NYSE:IVZ) Ratings Coverage

Among 5 analysts covering Invesco (NYSE:IVZ), 0 have Buy rating, 1 Sell and 4 Hold. Therefore 0 are positive. Invesco has $2300 highest and $1800 lowest target. $21.20’s average target is 22.19% above currents $17.35 stock price. Invesco had 6 analyst reports since March 19, 2019 according to SRatingsIntel. The rating was maintained by Wells Fargo with “Market Perform” on Tuesday, March 19. Jefferies downgraded it to “Hold” rating and $2300 target in Friday, June 7 report. The firm has “Hold” rating by Deutsche Bank given on Friday, April 26. The firm earned “Neutral” rating on Thursday, September 12 by JP Morgan. UBS downgraded the stock to “Sell” rating in Monday, May 13 report.

More recent Invesco Ltd. (NYSE:IVZ) news were published by: Finance.Yahoo.com which released: “Value Investors Rejoice: Value Beating Growth in 2019 – Yahoo Finance” on September 10, 2019. Also Seekingalpha.com published the news titled: “Invesco August AUM dips 2% M/M – Seeking Alpha” on September 11, 2019. Finance.Yahoo.com‘s news article titled: “Here is What Hedge Funds Think About Invesco Ltd. (IVZ) – Yahoo Finance” with publication date: June 20, 2019 was also an interesting one.

Invesco Ltd. (NYSE:IVZ) Ratings Chart

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