Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) Short Interest Update

Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 4,420 shares, a growth of 70.3% from the July 15th total of 2,595 shares. Based on an average daily volume of 587 shares, the short-interest ratio is currently 7.5 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On Invesco S&P SmallCap 600 QVM Multi-factor ETF

Several hedge funds have recently modified their holdings of QVMS. Captrust Financial Advisors acquired a new stake in shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF in the 4th quarter worth $2,355,000. LPL Financial LLC lifted its position in shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF by 1.9% during the 4th quarter. LPL Financial LLC now owns 32,656 shares of the company’s stock valued at $922,000 after acquiring an additional 614 shares during the period. Finally, Jane Street Group LLC acquired a new position in Invesco S&P SmallCap 600 QVM Multi-factor ETF during the second quarter worth $226,000.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Price Performance

Shares of QVMS stock remained flat at $35.30 during trading hours on Tuesday. The stock had a trading volume of 150 shares, compared to its average volume of 1,384. The stock has a fifty day moving average price of $34.35 and a 200 day moving average price of $32.07. Invesco S&P SmallCap 600 QVM Multi-factor ETF has a 1-year low of $26.45 and a 1-year high of $35.42. The company has a market capitalization of $258.75 million, a price-to-earnings ratio of 16.36 and a beta of 1.00.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Company Profile

The Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market-cap-weighted index of small-cap companies in the US that exhibit quality, value and momentum factors. QVMS was launched on Jun 30, 2021 and is managed by Invesco.