Short Interest in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV) Decreases By 88.6%

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totaling 8 shares, a decline of 88.6% from the December 31st total of 70 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 767 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 767 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF Price Performance

XRLV stock traded down $0.26 during midday trading on Wednesday, reaching $55.10. 4,012 shares of the company were exchanged, compared to its average volume of 3,512. The firm has a market capitalization of $31.96 million, a price-to-earnings ratio of 23.36 and a beta of 0.65. The business has a 50-day moving average price of $54.39 and a two-hundred day moving average price of $54.77. Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF has a one year low of $51.21 and a one year high of $56.89.

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were issued a $0.0953 dividend. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) annualized dividend and a yield of 2.1%. This is an increase from Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF’s previous monthly dividend of $0.09.

Institutional Trading of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF

Several hedge funds have recently added to or reduced their stakes in the company. Citadel Advisors LLC boosted its stake in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF by 10.7% in the third quarter. Citadel Advisors LLC now owns 5,191 shares of the company’s stock valued at $289,000 after buying an additional 501 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF by 2.3% in the 3rd quarter. Bank of America Corp DE now owns 30,301 shares of the company’s stock valued at $1,685,000 after purchasing an additional 680 shares in the last quarter. Osaic Holdings Inc. grew its holdings in shares of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF by 4.0% during the 2nd quarter. Osaic Holdings Inc. now owns 21,088 shares of the company’s stock valued at $1,161,000 after purchasing an additional 820 shares during the last quarter. Bank of Montreal Can increased its position in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF by 4.8% during the 2nd quarter. Bank of Montreal Can now owns 50,612 shares of the company’s stock worth $2,787,000 after purchasing an additional 2,300 shares in the last quarter. Finally, Susquehanna International Group LLP lifted its stake in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF by 41.4% in the 3rd quarter. Susquehanna International Group LLP now owns 9,119 shares of the company’s stock valued at $507,000 after purchasing an additional 2,670 shares during the last quarter.

About Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF

The Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (XRLV) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap US equities, selected for positive correlation to rising interest rates and for low volatility. Stocks are weighted inversely to volatility. XRLV was launched on Apr 9, 2015 and is managed by Invesco.