Short Interest in Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) Expands By 2,433.2%

Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 15,579 shares, an increase of 2,433.2% from the June 15th total of 615 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average daily volume of 20,810 shares, the days-to-cover ratio is presently 0.7 days.

Invesco S&P SmallCap 600 Pure Growth ETF Stock Down 0.9%

Shares of NYSEARCA:RZG traded down $0.61 during trading on Friday, reaching $70.82. The stock had a trading volume of 13,176 shares, compared to its average volume of 7,968. Invesco S&P SmallCap 600 Pure Growth ETF has a fifty-two week low of $48.69 and a fifty-two week high of $73.24. The business has a fifty day moving average price of $66.85 and a 200-day moving average price of $61.25. The stock has a market cap of $143.76 million, a P/E ratio of 18.78 and a beta of 1.12.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of RZG. Sound Income Strategies LLC purchased a new position in Invesco S&P SmallCap 600 Pure Growth ETF during the fourth quarter worth approximately $53,000. Flagship Harbor Advisors LLC purchased a new position in shares of Invesco S&P SmallCap 600 Pure Growth ETF in the 4th quarter worth about $178,000. Jones Financial Companies Lllp lifted its stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 1,260.7% in the 1st quarter. Jones Financial Companies Lllp now owns 4,014 shares of the company’s stock valued at $188,000 after purchasing an additional 3,719 shares in the last quarter. Harbour Investments Inc. increased its position in Invesco S&P SmallCap 600 Pure Growth ETF by 49.0% during the 4th quarter. Harbour Investments Inc. now owns 3,648 shares of the company’s stock worth $198,000 after purchasing an additional 1,200 shares in the last quarter. Finally, Focus Financial Network Inc. acquired a new position in Invesco S&P SmallCap 600 Pure Growth ETF during the second quarter valued at approximately $211,000.

About Invesco S&P SmallCap 600 Pure Growth ETF

Guggenheim S&P SmallCap 600 Pure Growth ETF (the Fund) seeks to replicate as the performance of the S&P SmallCap 600 Pure Growth Index (the Index). The Fund invests in sectors, such as energy, consumer staples, industrials, financials, materials, healthcare, consumer discretionary, information technology and telecommunication services. Security Investors, LLC, which operates under the name Rydex Investments, serves as the investment adviser of the Fund. State Street Bank and Trust Company acts as the administrator of the Fund.