Short Interest in Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) Decreases By 56.5%

Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 1,921 shares, a drop of 56.5% from the July 30th total of 4,420 shares. Based on an average daily volume of 835 shares, the short-interest ratio is currently 2.3 days. Approximately 0.0% of the company’s stock are sold short.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Trading Down 1.0%

QVMS traded down $0.35 during trading on Monday, hitting $33.78. 2,967 shares of the company’s stock traded hands, compared to its average volume of 1,344. Invesco S&P SmallCap 600 QVM Multi-factor ETF has a 12-month low of $26.45 and a 12-month high of $35.42. The stock has a market capitalization of $247.61 million, a price-to-earnings ratio of 16.36 and a beta of 1.00. The company’s 50 day simple moving average is $34.51 and its two-hundred day simple moving average is $32.33.

Institutional Trading of Invesco S&P SmallCap 600 QVM Multi-factor ETF

Large investors have recently made changes to their positions in the stock. Jane Street Group LLC purchased a new stake in Invesco S&P SmallCap 600 QVM Multi-factor ETF during the 2nd quarter valued at $226,000. LPL Financial LLC lifted its position in Invesco S&P SmallCap 600 QVM Multi-factor ETF by 1.9% during the fourth quarter. LPL Financial LLC now owns 32,656 shares of the company’s stock valued at $922,000 after purchasing an additional 614 shares in the last quarter. Finally, Captrust Financial Advisors purchased a new stake in Invesco S&P SmallCap 600 QVM Multi-factor ETF in the 4th quarter worth approximately $2,355,000.

About Invesco S&P SmallCap 600 QVM Multi-factor ETF

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.