Invesco S&P Spin-Off ETF (NYSEARCA:CSD) Stock Short Interest Report for September

Invesco S&P Spin-Off ETF (NYSEARCA:CSD) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 1,602 shares, a drop of 66.5% from the September 15th total of 4,778 shares. Based on an average daily volume of 7,475 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. First National Bank Sioux Falls acquired a new stake in shares of Invesco S&P Spin-Off ETF during the first quarter worth $219,000. Cetera Investment Advisers purchased a new stake in shares of Invesco S&P Spin-Off ETF during the first quarter valued at $203,000. Fulcrum Equity Management boosted its position in shares of Invesco S&P Spin-Off ETF by 13.4% in the 2nd quarter. Fulcrum Equity Management now owns 2,328 shares of the company’s stock valued at $349,000 after purchasing an additional 275 shares during the period. Del Sette Capital Management LLC acquired a new position in shares of Invesco S&P Spin-Off ETF in the 1st quarter valued at $779,000. Finally, Integrated Wealth Concepts LLC boosted its position in shares of Invesco S&P Spin-Off ETF by 89.8% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 7,254 shares of the company’s stock valued at $1,086,000 after purchasing an additional 3,432 shares during the period.

Invesco S&P Spin-Off ETF Trading Down 1.0%

Shares of NYSEARCA CSD traded down $1.23 during midday trading on Monday, reaching $127.61. The company’s stock had a trading volume of 6,252 shares, compared to its average volume of 11,464. The company has a 50 day moving average price of $131.53 and a 200 day moving average price of $132.51. Invesco S&P Spin-Off ETF has a one year low of $91.45 and a one year high of $150.43. The company has a market cap of $213.11 million, a price-to-earnings ratio of 20.37 and a beta of 1.13.

Invesco S&P Spin-Off ETF Company Profile

Guggenheim Spin-Off ETF, formerly Claymore/Beacon Spin-Off ETF, seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called the Beacon Spin-off Index (the Index). The Fund will invest at least 90% of its total assets in common stock, American depositary receipts (ADRs) and master limited partnerships (MLPs) that comprise the Index and depositary receipts representing common stocks included in the Index (or underlying securities representing ADRs included in the Index).