Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) Stock Short Interest Report for October

Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 148,289 shares, a growth of 131.0% from the September 30th total of 64,184 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 262,038 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On Invesco S&P SmallCap Momentum ETF

A number of institutional investors have recently made changes to their positions in XSMO. Markowski Investments acquired a new position in Invesco S&P SmallCap Momentum ETF during the second quarter worth about $18,314,000. Apollon Wealth Management LLC increased its holdings in shares of Invesco S&P SmallCap Momentum ETF by 16.6% during the third quarter. Apollon Wealth Management LLC now owns 646,349 shares of the company’s stock worth $52,729,000 after buying an additional 92,041 shares in the last quarter. Fifth Third Securities Inc. acquired a new position in shares of Invesco S&P SmallCap Momentum ETF during the third quarter worth $5,858,000. Kinetic Wealth Investment Advisors LLC bought a new position in shares of Invesco S&P SmallCap Momentum ETF in the 2nd quarter valued at $6,577,000. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Invesco S&P SmallCap Momentum ETF by 4.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,785,627 shares of the company’s stock valued at $167,188,000 after acquiring an additional 69,188 shares during the last quarter.

Invesco S&P SmallCap Momentum ETF Stock Performance

NYSEARCA:XSMO traded down $1.55 during mid-day trading on Friday, hitting $80.98. The stock had a trading volume of 173,749 shares, compared to its average volume of 265,421. The company’s 50 day simple moving average is $82.45 and its 200 day simple moving average is $83.26. The stock has a market cap of $2.82 billion, a price-to-earnings ratio of 19.29 and a beta of 1.11. Invesco S&P SmallCap Momentum ETF has a twelve month low of $68.59 and a twelve month high of $93.68.

About Invesco S&P SmallCap Momentum ETF

The Invesco S&P SmallCap Momentum ETF (XSMO) is an exchange-traded fund that is based on the S&P Small Cap 600 Momentum index. The fund tracks an index of US small-caps stocks selected by momentum. Holdings are weighted by a combination of market cap and momentum. XSMO was launched on Mar 3, 2005 and is managed by Invesco.