Invesco S&P SmallCap Quality ETF (BATS:XSHQ) Sees Large Growth in Short Interest

Invesco S&P SmallCap Quality ETF (BATS:XSHQ) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 23,684 shares, a growth of 108.4% from the September 15th total of 11,362 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 12,043 shares, the days-to-cover ratio is currently 2.0 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC purchased a new position in Invesco S&P SmallCap Quality ETF during the 2nd quarter worth approximately $49,000. Comprehensive Financial Planning Inc. PA acquired a new stake in Invesco S&P SmallCap Quality ETF during the 2nd quarter valued at $122,000. Firestone Capital Management purchased a new stake in shares of Invesco S&P SmallCap Quality ETF in the second quarter valued at $205,000. D.A. Davidson & CO. purchased a new stake in shares of Invesco S&P SmallCap Quality ETF in the first quarter valued at $253,000. Finally, Essex Financial Services Inc. lifted its holdings in shares of Invesco S&P SmallCap Quality ETF by 6.3% in the first quarter. Essex Financial Services Inc. now owns 6,700 shares of the company’s stock valued at $282,000 after purchasing an additional 395 shares in the last quarter.

Invesco S&P SmallCap Quality ETF Trading Down 1.5%

BATS XSHQ opened at $45.25 on Thursday. The stock’s 50-day moving average price is $47.22 and its two-hundred day moving average price is $46.47. The company has a market cap of $358.83 million, a PE ratio of 14.16 and a beta of 1.00. Invesco S&P SmallCap Quality ETF has a 1 year low of $40.02 and a 1 year high of $50.36.

Invesco S&P SmallCap Quality ETF Company Profile

The Invesco S&P SmallCap Quality ETF (XSHQ) is an exchange-traded fund that is based on the S&P SmallCap 600 Quality index. The fund tracks an index of US small-cap stocks selected by return-on-equity, accruals ratio, and financial leverage. Stocks are weighted by these quality factors and scaled by market-cap. XSHQ was launched on Apr 6, 2017 and is managed by Invesco.