Short Interest in Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) Increases By 183.3%

Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 3,199 shares, a growth of 183.3% from the February 12th total of 1,129 shares. Based on an average daily volume of 2,656 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.2% of the shares of the company are short sold. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 2,656 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Trading of Invesco S&P SmallCap 600 Pure Growth ETF

Several hedge funds have recently made changes to their positions in the company. Sound Income Strategies LLC acquired a new position in shares of Invesco S&P SmallCap 600 Pure Growth ETF during the fourth quarter worth about $53,000. Collier Financial acquired a new stake in Invesco S&P SmallCap 600 Pure Growth ETF in the third quarter valued at about $61,000. Lion Street Advisors LLC purchased a new stake in Invesco S&P SmallCap 600 Pure Growth ETF in the 3rd quarter valued at approximately $67,000. Flagship Harbor Advisors LLC acquired a new position in Invesco S&P SmallCap 600 Pure Growth ETF during the 4th quarter worth approximately $178,000. Finally, Jones Financial Companies Lllp increased its position in Invesco S&P SmallCap 600 Pure Growth ETF by 1,260.7% during the 1st quarter. Jones Financial Companies Lllp now owns 4,014 shares of the company’s stock worth $188,000 after purchasing an additional 3,719 shares during the period.

Invesco S&P SmallCap 600 Pure Growth ETF Stock Down 2.4%

Shares of NYSEARCA RZG traded down $1.39 during mid-day trading on Thursday, hitting $55.65. 1,312 shares of the company were exchanged, compared to its average volume of 3,850. The stock has a 50 day simple moving average of $57.97 and a 200-day simple moving average of $55.64. Invesco S&P SmallCap 600 Pure Growth ETF has a 1-year low of $40.48 and a 1-year high of $59.90. The firm has a market cap of $106.29 million, a price-to-earnings ratio of 18.78 and a beta of 1.19.

Invesco S&P SmallCap 600 Pure Growth ETF Company Profile

Guggenheim S&P SmallCap 600 Pure Growth ETF (the Fund) seeks to replicate as the performance of the S&P SmallCap 600 Pure Growth Index (the Index). The Fund invests in sectors, such as energy, consumer staples, industrials, financials, materials, healthcare, consumer discretionary, information technology and telecommunication services. Security Investors, LLC, which operates under the name Rydex Investments, serves as the investment adviser of the Fund. State Street Bank and Trust Company acts as the administrator of the Fund.