Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) Short Interest Up 61.2% in May

Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 245 shares, an increase of 61.2% from the May 14th total of 152 shares. Based on an average daily volume of 439 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.2% of the company’s shares are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Invesco S&P SmallCap 600 GARP ETF stock. Sankala Group LLC bought a new position in shares of Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 1,219 shares of the company’s stock, valued at approximately $35,000. Sankala Group LLC owned approximately 1.22% of Invesco S&P SmallCap 600 GARP ETF as of its most recent SEC filing.

Invesco S&P SmallCap 600 GARP ETF Stock Down 0.3%

Shares of NYSEARCA GRPZ opened at $30.60 on Wednesday. The firm has a market cap of $3.06 million, a PE ratio of 12.58 and a beta of 0.91. Invesco S&P SmallCap 600 GARP ETF has a 12-month low of $24.45 and a 12-month high of $30.91. The company’s fifty day simple moving average is $29.56 and its 200 day simple moving average is $28.43.

Invesco S&P SmallCap 600 GARP ETF Company Profile

The Invesco S&P SmallCap 600 GARP ETF (GRPZ) is an exchange-traded fund that is based on the S&P SmallCap 600 GARP index. The fund tracks an index of US small-cap growth stocks that exhibit quality and value characteristics. GRPZ was launched on Mar 27, 2024 and is issued by Invesco.