Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) Short Interest Up 183.3% in February

Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) saw a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 3,199 shares, an increase of 183.3% from the February 12th total of 1,129 shares. Based on an average daily volume of 2,656 shares, the short-interest ratio is presently 1.2 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 2,656 shares, the short-interest ratio is presently 1.2 days.

Invesco S&P SmallCap 600 Pure Growth ETF Stock Performance

NYSEARCA:RZG traded down $0.02 during trading hours on Friday, reaching $55.63. The company’s stock had a trading volume of 3,770 shares, compared to its average volume of 3,852. The firm has a market capitalization of $106.25 million, a price-to-earnings ratio of 18.78 and a beta of 1.19. The firm has a 50-day simple moving average of $57.99 and a 200-day simple moving average of $55.65. Invesco S&P SmallCap 600 Pure Growth ETF has a 1 year low of $40.48 and a 1 year high of $59.90.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. AQR Capital Management LLC boosted its holdings in Invesco S&P SmallCap 600 Pure Growth ETF by 72.8% during the 1st quarter. AQR Capital Management LLC now owns 34,577 shares of the company’s stock valued at $1,617,000 after acquiring an additional 14,569 shares during the period. Jones Financial Companies Lllp lifted its position in Invesco S&P SmallCap 600 Pure Growth ETF by 1,260.7% in the first quarter. Jones Financial Companies Lllp now owns 4,014 shares of the company’s stock valued at $188,000 after purchasing an additional 3,719 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF by 13.3% during the second quarter. Envestnet Asset Management Inc. now owns 8,591 shares of the company’s stock valued at $434,000 after purchasing an additional 1,009 shares during the period. CENTRAL TRUST Co purchased a new stake in shares of Invesco S&P SmallCap 600 Pure Growth ETF during the second quarter valued at approximately $1,016,000. Finally, Western Wealth Management LLC bought a new position in shares of Invesco S&P SmallCap 600 Pure Growth ETF in the second quarter worth approximately $213,000.

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.