Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) Short Interest Update

Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) saw a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 55,585 shares, a growth of 126.2% from the January 29th total of 24,576 shares. Based on an average trading volume of 266,434 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 266,434 shares, the short-interest ratio is presently 0.2 days.

Invesco S&P SmallCap Momentum ETF Price Performance

NYSEARCA XSMO traded down $0.84 on Friday, hitting $79.81. The stock had a trading volume of 205,195 shares, compared to its average volume of 262,900. The business’s fifty day moving average price is $76.95 and its 200 day moving average price is $74.11. Invesco S&P SmallCap Momentum ETF has a 52-week low of $53.89 and a 52-week high of $81.36. The stock has a market cap of $2.32 billion, a price-to-earnings ratio of 19.29 and a beta of 1.07.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. LPL Financial LLC grew its stake in shares of Invesco S&P SmallCap Momentum ETF by 3.2% during the fourth quarter. LPL Financial LLC now owns 2,171,515 shares of the company’s stock worth $156,371,000 after acquiring an additional 66,942 shares during the last quarter. Osaic Holdings Inc. boosted its stake in Invesco S&P SmallCap Momentum ETF by 8.4% in the 2nd quarter. Osaic Holdings Inc. now owns 1,750,582 shares of the company’s stock worth $119,082,000 after purchasing an additional 135,949 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Invesco S&P SmallCap Momentum ETF by 2.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,617,479 shares of the company’s stock worth $118,998,000 after purchasing an additional 37,196 shares in the last quarter. Raymond James Financial Inc. grew its position in Invesco S&P SmallCap Momentum ETF by 28.4% during the 3rd quarter. Raymond James Financial Inc. now owns 1,327,495 shares of the company’s stock worth $97,664,000 after purchasing an additional 293,947 shares during the last quarter. Finally, Cetera Investment Advisers increased its stake in Invesco S&P SmallCap Momentum ETF by 8.8% during the 2nd quarter. Cetera Investment Advisers now owns 1,278,102 shares of the company’s stock valued at $86,936,000 after purchasing an additional 103,022 shares in the last quarter.

Invesco S&P SmallCap Momentum ETF Company Profile

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.