Short Interest in Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV) Declines By 42.1%

Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 3,392 shares, a decrease of 42.1% from the May 14th total of 5,855 shares. Based on an average trading volume of 5,683 shares, the short-interest ratio is presently 0.6 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On Invesco S&P SmallCap Low Volatility ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Western Wealth Management LLC purchased a new stake in Invesco S&P SmallCap Low Volatility ETF during the first quarter valued at approximately $33,000. Flagship Harbor Advisors LLC purchased a new position in shares of Invesco S&P SmallCap Low Volatility ETF in the fourth quarter worth $37,000. Advisory Services Network LLC purchased a new position in shares of Invesco S&P SmallCap Low Volatility ETF in the third quarter worth $42,000. Lodestone Wealth Management LLC purchased a new position in shares of Invesco S&P SmallCap Low Volatility ETF in the fourth quarter worth $55,000. Finally, Fifth Third Bancorp purchased a new position in shares of Invesco S&P SmallCap Low Volatility ETF in the first quarter worth $121,000.

Invesco S&P SmallCap Low Volatility ETF Stock Up 0.9%

NYSEARCA:XSLV opened at $51.56 on Friday. Invesco S&P SmallCap Low Volatility ETF has a 52 week low of $44.32 and a 52 week high of $51.70. The firm has a 50 day moving average of $49.60 and a 200 day moving average of $48.45. The stock has a market capitalization of $250.58 million, a price-to-earnings ratio of 17.66 and a beta of 0.75.

About Invesco S&P SmallCap Low Volatility ETF

The Invesco S&P SmallCap Low Volatility ETF (XSLV) is an exchange-traded fund that is based on the S&P SmallCap 600 Low Volatility index. The fund tracks a volatility-weighted index of the 120 least volatile securities from the S&P 600. XSLV was launched on Feb 15, 2013 and is managed by Invesco.