Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) Short Interest Down 33.4% in July

Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 10,379 shares, a decline of 33.4% from the June 30th total of 15,579 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average trading volume of 28,068 shares, the days-to-cover ratio is currently 0.4 days.

Invesco S&P SmallCap 600 Pure Growth ETF Stock Performance

RZG opened at $68.45 on Friday. Invesco S&P SmallCap 600 Pure Growth ETF has a 52-week low of $48.69 and a 52-week high of $73.24. The firm has a market capitalization of $137.58 million, a PE ratio of 18.78 and a beta of 1.12. The business’s 50-day simple moving average is $68.45 and its 200 day simple moving average is $62.66.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Sound Income Strategies LLC acquired a new stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF in the 4th quarter valued at approximately $53,000. Flagship Harbor Advisors LLC bought a new position in shares of Invesco S&P SmallCap 600 Pure Growth ETF in the fourth quarter valued at $178,000. Jones Financial Companies Lllp increased its holdings in Invesco S&P SmallCap 600 Pure Growth ETF by 1,260.7% during the first quarter. Jones Financial Companies Lllp now owns 4,014 shares of the company’s stock worth $188,000 after buying an additional 3,719 shares during the last quarter. Harbour Investments Inc. increased its holdings in Invesco S&P SmallCap 600 Pure Growth ETF by 49.0% during the fourth quarter. Harbour Investments Inc. now owns 3,648 shares of the company’s stock worth $198,000 after buying an additional 1,200 shares during the last quarter. Finally, Focus Financial Network Inc. bought a new stake in Invesco S&P SmallCap 600 Pure Growth ETF during the second quarter worth $211,000.

About Invesco S&P SmallCap 600 Pure Growth ETF

Guggenheim S&P SmallCap 600 Pure Growth ETF (the Fund) seeks to replicate as the performance of the S&P SmallCap 600 Pure Growth Index (the Index). The Fund invests in sectors, such as energy, consumer staples, industrials, financials, materials, healthcare, consumer discretionary, information technology and telecommunication services. Security Investors, LLC, which operates under the name Rydex Investments, serves as the investment adviser of the Fund. State Street Bank and Trust Company acts as the administrator of the Fund.