Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSE:RCD) Stock Short Interest Drops 60.6%

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSE:RCD) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 1,890 shares, a decline of 60.6% from the August 31st total of 4,793 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 2,666 shares, the days-to-cover ratio is presently 0.7 days.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Price Performance

Shares of Invesco S&P 500 Equal Weight Consumer Discretionary ETF stock traded down $0.06 during trading hours on Monday, hitting $23.04. The company had a trading volume of 5,842 shares, compared to its average volume of 8,881. The company’s 50-day moving average is $23.24 and its two-hundred day moving average is $22.30. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a twelve month low of $18.55 and a twelve month high of $24.45. The company has a market cap of $87.32 million, a P/E ratio of 17.52 and a beta of 1.32.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Company Profile

Guggenheim S&P 500 Equal Weight Consumer Discretionary ETF (the Fund), formerly Rydex S&P Equal Weight Consumer Discretionary ETF, seeks to replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Discretionary (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Discretionary Index that consists of the common stocks of industries, such as automobiles and components, consumer durables, apparel, hotels, restaurants, leisure, media and retailing that comprise the consumer discretionary sector of the S&P 500 Index.