Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) Short Interest Up 76.9% in February

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSEARCA:RSPD) saw a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 22,841 shares, an increase of 76.9% from the January 29th total of 12,913 shares. Approximately 0.6% of the company’s shares are sold short. Based on an average daily volume of 59,565 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 59,565 shares, the short-interest ratio is currently 0.4 days. Approximately 0.6% of the company’s shares are sold short.

Institutional Trading of Invesco S&P 500 Equal Weight Consumer Discretionary ETF

Several hedge funds have recently added to or reduced their stakes in RSPD. Blue Chip Partners LLC acquired a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the 4th quarter valued at $295,000. Vista Investment Management raised its position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 2.7% during the fourth quarter. Vista Investment Management now owns 32,649 shares of the company’s stock worth $1,862,000 after purchasing an additional 847 shares during the period. Focus Partners Wealth purchased a new stake in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF during the fourth quarter valued at $2,163,000. Wells Fargo & Company MN boosted its position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF by 22.7% in the 4th quarter. Wells Fargo & Company MN now owns 154,469 shares of the company’s stock valued at $8,809,000 after purchasing an additional 28,616 shares during the period. Finally, Hills Bank & Trust Co acquired a new position in shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF in the 4th quarter valued at $1,018,000.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Stock Down 0.6%

NYSEARCA:RSPD traded down $0.33 during trading hours on Friday, reaching $58.99. 66,977 shares of the stock were exchanged, compared to its average volume of 71,081. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 52 week low of $43.47 and a 52 week high of $60.34. The stock has a market capitalization of $227.70 million, a P/E ratio of 17.03 and a beta of 1.21. The firm has a 50 day simple moving average of $58.72 and a 200-day simple moving average of $57.57.

About Invesco S&P 500 Equal Weight Consumer Discretionary ETF

The Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund tracks an equal-weighted index of large-cap US Consumer Discretionary stocks drawn from the S&P 500. RSPD was launched on Nov 1, 2006 and is managed by Invesco.