Short Interest in Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) Declines By 42.2%

Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) saw a significant decline in short interest in July. As of July 15th, there was short interest totaling 461 shares, a decline of 42.2% from the June 30th total of 797 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average trading volume of 1,127 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Invesco S&P SmallCap 600 GARP ETF

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

Invesco S&P SmallCap 600 GARP ETF Stock Down 0.3%

Shares of GRPZ traded down $0.11 during mid-day trading on Friday, hitting $32.38. 505 shares of the company’s stock were exchanged, compared to its average volume of 486. The firm has a fifty day moving average of $31.27 and a two-hundred day moving average of $29.50. Invesco S&P SmallCap 600 GARP ETF has a twelve month low of $24.81 and a twelve month high of $33.39. The stock has a market cap of $3.24 million, a price-to-earnings ratio of 12.58 and a beta of 0.83.

Invesco S&P SmallCap 600 GARP ETF Company Profile

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.