Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) Sees Significant Drop in Short Interest

Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) saw a significant decrease in short interest in December. As of December 31st, there was short interest totaling 1,164 shares, a decrease of 21.6% from the December 15th total of 1,485 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 5,428 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 5,428 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Invesco S&P SmallCap 600 Pure Value ETF Stock Performance

NYSEARCA RZV traded down $1.20 during trading on Monday, hitting $129.53. 7,558 shares of the company’s stock traded hands, compared to its average volume of 12,442. Invesco S&P SmallCap 600 Pure Value ETF has a 12-month low of $81.43 and a 12-month high of $130.81. The stock has a market capitalization of $243.52 million, a price-to-earnings ratio of 10.81 and a beta of 1.20. The business has a 50 day moving average of $120.51 and a 200-day moving average of $116.79.

Institutional Trading of Invesco S&P SmallCap 600 Pure Value ETF

Several hedge funds have recently added to or reduced their stakes in the business. Global Retirement Partners LLC increased its position in Invesco S&P SmallCap 600 Pure Value ETF by 729.4% in the third quarter. Global Retirement Partners LLC now owns 282 shares of the company’s stock worth $33,000 after buying an additional 248 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Invesco S&P SmallCap 600 Pure Value ETF during the 2nd quarter valued at approximately $35,000. Jackson Hole Capital Partners LLC bought a new position in Invesco S&P SmallCap 600 Pure Value ETF during the 3rd quarter valued at about $54,000. Cardiff Park Advisors LLC purchased a new position in Invesco S&P SmallCap 600 Pure Value ETF during the 3rd quarter valued at $77,000. Finally, Envestnet Asset Management Inc. bought a new position in Invesco S&P SmallCap 600 Pure Value ETF in the 2nd quarter worth about $201,000.

Invesco S&P SmallCap 600 Pure Value ETF Company Profile

Guggenheim S&P SmallCap 600 Pure Value ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P SmallCap 600 Pure Value Index (the Index). The Fund uses a passive management strategy, known as replication, to track the performance of the Index. Replication refers to investing in substantially all of the securities in the Index in approximately the same proportions as in the Index. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.