Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) Sees Significant Decrease in Short Interest

Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) was the target of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 1 shares, a decline of 90.0% from the August 15th total of 10 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 759 shares, the days-to-cover ratio is currently 0.0 days.

Invesco S&P SmallCap 600 GARP ETF Stock Performance

NYSEARCA GRPZ traded up $0.14 during trading hours on Friday, reaching $31.91. The company’s stock had a trading volume of 118 shares, compared to its average volume of 486. The stock has a market cap of $3.19 million, a PE ratio of 12.58 and a beta of 0.82. Invesco S&P SmallCap 600 GARP ETF has a fifty-two week low of $25.13 and a fifty-two week high of $33.86. The company’s 50-day moving average is $32.75 and its two-hundred day moving average is $30.42.

Institutional Trading of Invesco S&P SmallCap 600 GARP ETF

An institutional investor recently bought a new stake in Invesco S&P SmallCap 600 GARP ETF stock. Sankala Group LLC acquired a new position in shares of Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,219 shares of the company’s stock, valued at approximately $35,000. Sankala Group LLC owned about 1.22% of Invesco S&P SmallCap 600 GARP ETF at the end of the most recent reporting period.

About Invesco S&P SmallCap 600 GARP ETF

The Invesco S&P SmallCap 600 GARP ETF (GRPZ) is an exchange-traded fund that is based on the S&P SmallCap 600 GARP index. The fund tracks an index of US small-cap growth stocks that exhibit quality and value characteristics. GRPZ was launched on Mar 27, 2024 and is issued by Invesco.