Short Interest in Invesco S&P SmallCap High Dividend Low Volatility ETF (BATS:XSHD) Declines By 85.3%

Invesco S&P SmallCap High Dividend Low Volatility ETF (BATS:XSHD) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 8,025 shares, a decrease of 85.3% from the April 15th total of 54,578 shares. Based on an average trading volume of 23,324 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

Invesco S&P SmallCap High Dividend Low Volatility ETF Price Performance

Shares of XSHD stock opened at $13.41 on Thursday. The stock has a market cap of $72.68 million, a P/E ratio of 13.06 and a beta of 1.02. Invesco S&P SmallCap High Dividend Low Volatility ETF has a one year low of $12.30 and a one year high of $13.99. The stock has a fifty day moving average price of $13.37 and a 200 day moving average price of $13.24.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Eagle Bluffs Wealth Management LLC lifted its position in Invesco S&P SmallCap High Dividend Low Volatility ETF by 14.7% in the fourth quarter. Eagle Bluffs Wealth Management LLC now owns 12,119 shares of the company’s stock worth $155,000 after purchasing an additional 1,554 shares during the period. Cowa LLC raised its stake in Invesco S&P SmallCap High Dividend Low Volatility ETF by 68.1% during the fourth quarter. Cowa LLC now owns 53,380 shares of the company’s stock worth $684,000 after acquiring an additional 21,620 shares in the last quarter. Indivisible Partners acquired a new position in Invesco S&P SmallCap High Dividend Low Volatility ETF during the fourth quarter worth $144,000. Concord Asset Management LLC VA raised its stake in Invesco S&P SmallCap High Dividend Low Volatility ETF by 2.9% during the fourth quarter. Concord Asset Management LLC VA now owns 146,937 shares of the company’s stock worth $1,882,000 after acquiring an additional 4,162 shares in the last quarter. Finally, Concord Wealth Partners raised its stake in Invesco S&P SmallCap High Dividend Low Volatility ETF by 3.0% during the fourth quarter. Concord Wealth Partners now owns 147,199 shares of the company’s stock worth $1,886,000 after acquiring an additional 4,227 shares in the last quarter.

Invesco S&P SmallCap High Dividend Low Volatility ETF Company Profile

The Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a dividend-yield-weighted index of the 60 least volatile stocks chosen from a list of the 90 highest-yielding US small-cap stocks. XSHD was launched on Dec 1, 2016 and is managed by Invesco.