Invesco S&P Spin-Off ETF (NYSEARCA:CSD) Short Interest Update

Invesco S&P Spin-Off ETF (NYSEARCA:CSD) was the target of a significant increase in short interest in February. As of February 13th, there was short interest totaling 31,374 shares, an increase of 39.7% from the January 29th total of 22,456 shares. Approximately 3.8% of the company’s stock are short sold. Based on an average daily volume of 6,251 shares, the short-interest ratio is presently 5.0 days. Based on an average daily volume of 6,251 shares, the short-interest ratio is presently 5.0 days. Approximately 3.8% of the company’s stock are short sold.

Invesco S&P Spin-Off ETF Trading Down 0.3%

CSD opened at $120.81 on Monday. Invesco S&P Spin-Off ETF has a twelve month low of $63.06 and a twelve month high of $122.17. The firm has a market cap of $100.27 million, a price-to-earnings ratio of 20.37 and a beta of 1.18. The company has a fifty day simple moving average of $110.53 and a 200 day simple moving average of $100.03.

Institutional Trading of Invesco S&P Spin-Off ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Private Advisor Group LLC acquired a new position in shares of Invesco S&P Spin-Off ETF in the third quarter worth about $4,675,000. Bank of America Corp DE increased its holdings in Invesco S&P Spin-Off ETF by 2.4% during the 3rd quarter. Bank of America Corp DE now owns 10,449 shares of the company’s stock worth $973,000 after purchasing an additional 248 shares during the last quarter. Wells Fargo & Company MN raised its position in shares of Invesco S&P Spin-Off ETF by 2.9% in the 4th quarter. Wells Fargo & Company MN now owns 3,864 shares of the company’s stock valued at $385,000 after purchasing an additional 109 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Invesco S&P Spin-Off ETF by 25.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,169 shares of the company’s stock valued at $295,000 after buying an additional 650 shares during the last quarter. Finally, Fulcrum Equity Management purchased a new position in shares of Invesco S&P Spin-Off ETF during the 4th quarter valued at approximately $259,000.

About Invesco S&P Spin-Off ETF

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).