Short Interest in Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) Drops By 72.5%

Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZGet Free Report) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 127 shares, a drop of 72.5% from the July 15th total of 461 shares. Based on an average daily trading volume, of 441 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Invesco S&P SmallCap 600 GARP ETF stock. Sankala Group LLC purchased a new stake in Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZFree Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,219 shares of the company’s stock, valued at approximately $35,000. Sankala Group LLC owned 1.22% of Invesco S&P SmallCap 600 GARP ETF at the end of the most recent reporting period.

Invesco S&P SmallCap 600 GARP ETF Price Performance

Shares of GRPZ opened at $33.19 on Thursday. The stock’s 50-day moving average price is $31.88 and its 200 day moving average price is $29.80. The firm has a market capitalization of $3.32 million, a price-to-earnings ratio of 12.58 and a beta of 0.83. Invesco S&P SmallCap 600 GARP ETF has a 12-month low of $25.13 and a 12-month high of $33.86.

About Invesco S&P SmallCap 600 GARP ETF

(Get Free Report)

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.

See Also

Receive News & Ratings for Invesco S&P SmallCap 600 GARP ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P SmallCap 600 GARP ETF and related companies with MarketBeat.com's FREE daily email newsletter.