Invesco S&P SmallCap Quality ETF (BATS:XSHQ) Sees Significant Growth in Short Interest

Invesco S&P SmallCap Quality ETF (BATS:XSHQ) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 23,684 shares, a growth of 108.4% from the September 15th total of 11,362 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 12,043 shares, the short-interest ratio is currently 2.0 days.

Invesco S&P SmallCap Quality ETF Stock Up 1.2%

XSHQ stock opened at $45.81 on Friday. The company has a market cap of $363.27 million, a P/E ratio of 14.16 and a beta of 1.00. Invesco S&P SmallCap Quality ETF has a twelve month low of $40.02 and a twelve month high of $50.36. The business has a fifty day moving average of $47.15 and a 200-day moving average of $46.50.

Institutional Trading of Invesco S&P SmallCap Quality ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC bought a new stake in Invesco S&P SmallCap Quality ETF during the 2nd quarter worth about $49,000. Comprehensive Financial Planning Inc. PA bought a new position in shares of Invesco S&P SmallCap Quality ETF in the 2nd quarter valued at about $122,000. Firestone Capital Management bought a new position in shares of Invesco S&P SmallCap Quality ETF in the 2nd quarter valued at about $205,000. D.A. Davidson & CO. acquired a new stake in shares of Invesco S&P SmallCap Quality ETF during the 1st quarter worth approximately $253,000. Finally, Essex Financial Services Inc. grew its position in shares of Invesco S&P SmallCap Quality ETF by 6.3% during the 1st quarter. Essex Financial Services Inc. now owns 6,700 shares of the company’s stock worth $282,000 after buying an additional 395 shares during the period.

Invesco S&P SmallCap Quality ETF Company Profile

The Invesco S&P SmallCap Quality ETF (XSHQ) is an exchange-traded fund that is based on the S&P SmallCap 600 Quality index. The fund tracks an index of US small-cap stocks selected by return-on-equity, accruals ratio, and financial leverage. Stocks are weighted by these quality factors and scaled by market-cap. XSHQ was launched on Apr 6, 2017 and is managed by Invesco.