Invesco S&P SmallCap Quality ETF (BATS:XSHQ) Short Interest Down 69.0% in August

Invesco S&P SmallCap Quality ETF (BATS:XSHQ) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 8,760 shares, a drop of 69.0% from the July 30th total of 28,240 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 23,546 shares, the short-interest ratio is currently 0.4 days.

Invesco S&P SmallCap Quality ETF Trading Up 0.2%

XSHQ opened at $48.63 on Friday. The firm has a market capitalization of $385.64 million, a PE ratio of 14.16 and a beta of 1.00. Invesco S&P SmallCap Quality ETF has a twelve month low of $40.02 and a twelve month high of $50.36. The firm’s 50-day moving average price is $48.19 and its 200 day moving average price is $45.75.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. acquired a new position in shares of Invesco S&P SmallCap Quality ETF during the 4th quarter worth approximately $3,289,000. Royal Bank of Canada lifted its position in Invesco S&P SmallCap Quality ETF by 293.1% during the fourth quarter. Royal Bank of Canada now owns 62,165 shares of the company’s stock worth $2,616,000 after buying an additional 46,349 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Invesco S&P SmallCap Quality ETF by 10.6% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 463,683 shares of the company’s stock worth $19,952,000 after buying an additional 44,556 shares during the last quarter. Westmount Partners LLC acquired a new position in Invesco S&P SmallCap Quality ETF during the first quarter worth $1,686,000. Finally, Jones Financial Companies Lllp purchased a new stake in Invesco S&P SmallCap Quality ETF in the 1st quarter valued at $1,031,000.

Invesco S&P SmallCap Quality ETF Company Profile

The Invesco S&P SmallCap Quality ETF (XSHQ) is an exchange-traded fund that is based on the S&P SmallCap 600 Quality index. The fund tracks an index of US small-cap stocks selected by return-on-equity, accruals ratio, and financial leverage. Stocks are weighted by these quality factors and scaled by market-cap. XSHQ was launched on Apr 6, 2017 and is managed by Invesco.