Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSE:RCD) Sees Significant Decrease in Short Interest

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSE:RCD) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 4,793 shares, a decrease of 52.3% from the August 15th total of 10,038 shares. Based on an average trading volume of 5,774 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.1% of the company’s shares are short sold.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Trading Down 1.2%

Shares of NYSE RCD traded down $0.28 during mid-day trading on Tuesday, reaching $22.85. 2,817 shares of the company’s stock were exchanged, compared to its average volume of 9,077. The firm has a market capitalization of $86.60 million, a price-to-earnings ratio of 17.52 and a beta of 1.32. The business has a fifty day simple moving average of $23.24 and a 200 day simple moving average of $22.21. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a twelve month low of $18.55 and a twelve month high of $24.45.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Company Profile

Guggenheim S&P 500 Equal Weight Consumer Discretionary ETF (the Fund), formerly Rydex S&P Equal Weight Consumer Discretionary ETF, seeks to replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Discretionary (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Discretionary Index that consists of the common stocks of industries, such as automobiles and components, consumer durables, apparel, hotels, restaurants, leisure, media and retailing that comprise the consumer discretionary sector of the S&P 500 Index.