Invesco S&P Spin-Off ETF (NYSEARCA:CSD) Stock Short Interest Report for September

Invesco S&P Spin-Off ETF (NYSEARCA:CSD) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 1,602 shares, a drop of 66.5% from the September 15th total of 4,778 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 7,475 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Invesco S&P Spin-Off ETF

A number of hedge funds have recently modified their holdings of the business. Fulcrum Equity Management boosted its position in shares of Invesco S&P Spin-Off ETF by 13.4% in the second quarter. Fulcrum Equity Management now owns 2,328 shares of the company’s stock worth $349,000 after buying an additional 275 shares during the period. First National Bank Sioux Falls acquired a new position in Invesco S&P Spin-Off ETF during the first quarter valued at $219,000. Cetera Investment Advisers acquired a new position in Invesco S&P Spin-Off ETF during the first quarter valued at $203,000. Integrated Wealth Concepts LLC raised its position in Invesco S&P Spin-Off ETF by 89.8% during the second quarter. Integrated Wealth Concepts LLC now owns 7,254 shares of the company’s stock valued at $1,086,000 after buying an additional 3,432 shares during the period. Finally, Del Sette Capital Management LLC purchased a new stake in Invesco S&P Spin-Off ETF in the 1st quarter worth about $779,000.

Invesco S&P Spin-Off ETF Stock Performance

Shares of NYSEARCA:CSD traded down $1.23 during mid-day trading on Monday, hitting $127.61. The stock had a trading volume of 6,252 shares, compared to its average volume of 11,464. The company has a market cap of $213.11 million, a PE ratio of 20.37 and a beta of 1.13. Invesco S&P Spin-Off ETF has a 12-month low of $91.45 and a 12-month high of $150.43. The company’s 50 day moving average is $131.53 and its 200-day moving average is $132.51.

About Invesco S&P Spin-Off ETF

Guggenheim Spin-Off ETF, formerly Claymore/Beacon Spin-Off ETF, seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called the Beacon Spin-off Index (the Index). The Fund will invest at least 90% of its total assets in common stock, American depositary receipts (ADRs) and master limited partnerships (MLPs) that comprise the Index and depositary receipts representing common stocks included in the Index (or underlying securities representing ADRs included in the Index).