Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV) Sees Large Growth in Short Interest

Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 7,416 shares, an increase of 123.8% from the September 30th total of 3,313 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 5,773 shares, the days-to-cover ratio is currently 1.3 days.

Hedge Funds Weigh In On Invesco S&P SmallCap Low Volatility ETF

Several institutional investors have recently made changes to their positions in the company. CX Institutional increased its holdings in shares of Invesco S&P SmallCap Low Volatility ETF by 47,364.7% during the 3rd quarter. CX Institutional now owns 153,311 shares of the company’s stock worth $7,504,000 after buying an additional 152,988 shares during the last quarter. Citadel Advisors LLC purchased a new stake in shares of Invesco S&P SmallCap Low Volatility ETF during the 2nd quarter valued at approximately $405,000. Eagle Bluffs Wealth Management LLC lifted its holdings in Invesco S&P SmallCap Low Volatility ETF by 5.0% in the first quarter. Eagle Bluffs Wealth Management LLC now owns 97,872 shares of the company’s stock valued at $4,619,000 after acquiring an additional 4,688 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in Invesco S&P SmallCap Low Volatility ETF by 134.1% in the second quarter. NewEdge Advisors LLC now owns 6,312 shares of the company’s stock valued at $331,000 after acquiring an additional 3,616 shares during the last quarter. Finally, Fifth Third Bancorp purchased a new position in Invesco S&P SmallCap Low Volatility ETF in the first quarter worth approximately $121,000.

Invesco S&P SmallCap Low Volatility ETF Trading Down 0.6%

Shares of XSLV stock traded down $0.32 during trading hours on Friday, reaching $50.76. 10,014 shares of the company’s stock were exchanged, compared to its average volume of 10,189. Invesco S&P SmallCap Low Volatility ETF has a 1 year low of $44.32 and a 1 year high of $54.55. The stock has a market cap of $236.03 million, a PE ratio of 17.66 and a beta of 0.74. The stock’s fifty day moving average price is $50.74 and its two-hundred day moving average price is $50.36.

Invesco S&P SmallCap Low Volatility ETF Company Profile

The Invesco S&P SmallCap Low Volatility ETF (XSLV) is an exchange-traded fund that is based on the S&P SmallCap 600 Low Volatility index. The fund tracks a volatility-weighted index of the 120 least volatile securities from the S&P 600. XSLV was launched on Feb 15, 2013 and is managed by Invesco.