Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) Shares Shorted: Short Interest Down 80.3% in September

Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 379 shares, a decline of 80.3% from the August 31st total of 1,924 shares. Based on an average daily volume of 1,201 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On Invesco S&P SmallCap 600 QVM Multi-factor ETF

A hedge fund recently bought a new position in Invesco S&P SmallCap 600 QVM Multi-factor ETF stock. Integrated Wealth Concepts LLC purchased a new position in Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 850 shares of the company’s stock, valued at approximately $30,000.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Trading Up 0.4%

Shares of QVMS stock traded up $0.14 during trading on Friday, reaching $32.56. 66 shares of the company’s stock traded hands, compared to its average volume of 1,333. The company has a market capitalization of $238.34 million, a P/E ratio of 16.36 and a beta of 1.00. The firm’s 50-day moving average is $34.06 and its 200 day moving average is $32.69. Invesco S&P SmallCap 600 QVM Multi-factor ETF has a 1 year low of $26.45 and a 1 year high of $35.42.

About Invesco S&P SmallCap 600 QVM Multi-factor ETF

The Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market-cap-weighted index of small-cap companies in the US that exhibit quality, value and momentum factors. QVMS was launched on Jun 30, 2021 and is managed by Invesco.