Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) Shares Shorted: Short Interest Down 37.8% in September

Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 998 shares, a decline of 37.8% from the August 31st total of 1,604 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 5,335 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of RZG. Harbour Investments Inc. grew its position in Invesco S&P SmallCap 600 Pure Growth ETF by 49.0% in the 4th quarter. Harbour Investments Inc. now owns 3,648 shares of the company’s stock valued at $198,000 after acquiring an additional 1,200 shares during the last quarter. Focus Financial Network Inc. purchased a new stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF during the second quarter valued at $211,000. Cetera Investment Advisers grew its holdings in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 15.7% in the first quarter. Cetera Investment Advisers now owns 5,921 shares of the company’s stock worth $337,000 after purchasing an additional 804 shares during the last quarter. Tempo Wealth LLC bought a new position in shares of Invesco S&P SmallCap 600 Pure Growth ETF in the fourth quarter worth about $1,008,000. Finally, IMC Chicago LLC increased its stake in Invesco S&P SmallCap 600 Pure Growth ETF by 290.7% in the 1st quarter. IMC Chicago LLC now owns 22,786 shares of the company’s stock worth $1,298,000 after buying an additional 34,733 shares during the period.

Invesco S&P SmallCap 600 Pure Growth ETF Stock Performance

NYSEARCA RZG traded up $0.02 on Thursday, hitting $62.49. 2,153 shares of the stock were exchanged, compared to its average volume of 8,461. Invesco S&P SmallCap 600 Pure Growth ETF has a 52-week low of $50.95 and a 52-week high of $73.24. The firm has a market capitalization of $119.35 million, a P/E ratio of 18.78 and a beta of 1.12. The stock has a fifty day moving average price of $67.21 and a two-hundred day moving average price of $65.34.

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.