Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSE:RCD) Stock Short Interest Rises 76.1%

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSE:RCD) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 3,329 shares, an increase of 76.1% from the September 15th total of 1,890 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 5,985 shares, the short-interest ratio is presently 0.6 days.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Stock Performance

Invesco S&P 500 Equal Weight Consumer Discretionary ETF stock traded up $0.21 during midday trading on Thursday, hitting $21.50. 314 shares of the company’s stock were exchanged, compared to its average volume of 8,755. The stock has a market cap of $81.48 million, a price-to-earnings ratio of 17.52 and a beta of 1.32. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 12-month low of $18.55 and a 12-month high of $24.43. The firm’s 50 day simple moving average is $23.07 and its 200 day simple moving average is $22.50.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Company Profile

Guggenheim S&P 500 Equal Weight Consumer Discretionary ETF (the Fund), formerly Rydex S&P Equal Weight Consumer Discretionary ETF, seeks to replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Discretionary (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Discretionary Index that consists of the common stocks of industries, such as automobiles and components, consumer durables, apparel, hotels, restaurants, leisure, media and retailing that comprise the consumer discretionary sector of the S&P 500 Index.