Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) Short Interest Update

Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 141,310 shares, a growth of 82.3% from the August 31st total of 77,531 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily trading volume, of 292,376 shares, the short-interest ratio is presently 0.5 days.

Invesco S&P SmallCap Momentum ETF Price Performance

Invesco S&P SmallCap Momentum ETF stock traded down $0.41 during trading hours on Tuesday, hitting $82.51. The company had a trading volume of 211,291 shares, compared to its average volume of 266,380. The firm has a market cap of $2.89 billion, a PE ratio of 19.29 and a beta of 1.08. Invesco S&P SmallCap Momentum ETF has a one year low of $68.59 and a one year high of $93.68. The firm has a 50-day moving average of $85.69 and a 200 day moving average of $85.12.

Hedge Funds Weigh In On Invesco S&P SmallCap Momentum ETF

Large investors have recently made changes to their positions in the company. Markowski Investments acquired a new stake in Invesco S&P SmallCap Momentum ETF during the 2nd quarter worth approximately $18,314,000. BNP Paribas Financial Markets grew its holdings in Invesco S&P SmallCap Momentum ETF by 272.8% in the 4th quarter. BNP Paribas Financial Markets now owns 261,000 shares of the company’s stock valued at $18,795,000 after buying an additional 190,985 shares in the last quarter. Family Investment Center Inc. bought a new position in Invesco S&P SmallCap Momentum ETF during the 1st quarter worth $7,918,000. Kinetic Wealth Investment Advisors LLC bought a new position in Invesco S&P SmallCap Momentum ETF during the 2nd quarter worth $6,577,000. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Invesco S&P SmallCap Momentum ETF by 4.0% during the second quarter. Envestnet Asset Management Inc. now owns 1,785,627 shares of the company’s stock worth $167,188,000 after buying an additional 69,188 shares in the last quarter.

About Invesco S&P SmallCap Momentum ETF

The Invesco S&P SmallCap Momentum ETF (XSMO) is an exchange-traded fund that is based on the S&P Small Cap 600 Momentum index. The fund tracks an index of US small-caps stocks selected by momentum. Holdings are weighted by a combination of market cap and momentum. XSMO was launched on Mar 3, 2005 and is managed by Invesco.