Short Interest in Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) Grows By 2,866.0%

Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 1,394 shares, an increase of 2,866.0% from the November 30th total of 47 shares. Based on an average daily trading volume, of 4,315 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 4,315 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. lifted its stake in Invesco S&P SmallCap 600 Pure Growth ETF by 13.3% in the second quarter. Envestnet Asset Management Inc. now owns 8,591 shares of the company’s stock valued at $434,000 after buying an additional 1,009 shares during the period. CENTRAL TRUST Co bought a new stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF in the 2nd quarter valued at about $1,016,000. Farther Finance Advisors LLC raised its position in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 804.2% in the 2nd quarter. Farther Finance Advisors LLC now owns 22,098 shares of the company’s stock valued at $1,117,000 after acquiring an additional 19,654 shares during the period. Berger Financial Group Inc raised its position in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 2.2% in the 2nd quarter. Berger Financial Group Inc now owns 18,816 shares of the company’s stock valued at $951,000 after acquiring an additional 411 shares during the period. Finally, Trust Co. of Toledo NA OH bought a new position in Invesco S&P SmallCap 600 Pure Growth ETF during the 2nd quarter worth approximately $49,000.

Invesco S&P SmallCap 600 Pure Growth ETF Price Performance

Shares of NYSEARCA RZG opened at $56.23 on Friday. Invesco S&P SmallCap 600 Pure Growth ETF has a fifty-two week low of $40.48 and a fifty-two week high of $56.52. The firm has a market capitalization of $108.52 million, a P/E ratio of 18.78 and a beta of 1.19. The company’s 50 day simple moving average is $54.48 and its 200 day simple moving average is $53.12.

Invesco S&P SmallCap 600 Pure Growth ETF Company Profile

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.