Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) Short Interest Down 42.0% in March

Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 159 shares, a drop of 42.0% from the February 26th total of 274 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 68 shares, the short-interest ratio is presently 2.3 days.

Invesco S&P SmallCap 600 GARP ETF Trading Down 1.4%

Shares of NYSEARCA GRPZ traded down $0.38 during trading hours on Friday, reaching $26.79. The stock had a trading volume of 27 shares, compared to its average volume of 226. Invesco S&P SmallCap 600 GARP ETF has a 52-week low of $20.55 and a 52-week high of $29.99. The firm has a market cap of $2.68 million, a price-to-earnings ratio of 12.58 and a beta of 1.12. The business’s fifty day moving average price is $28.20 and its two-hundred day moving average price is $27.28.

Hedge Funds Weigh In On Invesco S&P SmallCap 600 GARP ETF

A hedge fund recently bought a new stake in Invesco S&P SmallCap 600 GARP ETF stock. Sankala Group LLC bought a new stake in Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,219 shares of the company’s stock, valued at approximately $35,000. Sankala Group LLC owned approximately 1.22% of Invesco S&P SmallCap 600 GARP ETF as of its most recent SEC filing.

Invesco S&P SmallCap 600 GARP ETF Company Profile

The Invesco S&P SmallCap 600 GARP ETF (GRPZ) is an exchange-traded fund that is based on the S&P SmallCap 600 GARP index. The fund tracks an index of US small-cap growth stocks that exhibit quality and value characteristics. GRPZ was launched on Mar 27, 2024 and is issued by Invesco.