Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) Short Interest Up 148.1% in January

Invesco S&P 500 Equal Weight Utilities ETF (NYSEARCA:RSPU) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 9,709 shares, a growth of 148.1% from the December 31st total of 3,913 shares. Based on an average daily volume of 58,845 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 58,845 shares, the short-interest ratio is presently 0.2 days.

Invesco S&P 500 Equal Weight Utilities ETF Trading Down 0.1%

Shares of NYSEARCA:RSPU traded down $0.06 during trading on Friday, reaching $76.32. The stock had a trading volume of 19,628 shares, compared to its average volume of 55,506. The firm’s 50-day simple moving average is $75.61 and its 200 day simple moving average is $75.87. Invesco S&P 500 Equal Weight Utilities ETF has a one year low of $62.64 and a one year high of $80.94. The company has a market capitalization of $506.76 million, a P/E ratio of 18.42 and a beta of 0.61.

Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Utilities ETF

Large investors have recently made changes to their positions in the business. Bogart Wealth LLC lifted its position in Invesco S&P 500 Equal Weight Utilities ETF by 57.8% during the 4th quarter. Bogart Wealth LLC now owns 60,190 shares of the company’s stock worth $4,501,000 after acquiring an additional 22,036 shares during the period. UBS Group AG lifted its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF by 8.6% during the fourth quarter. UBS Group AG now owns 47,714 shares of the company’s stock worth $3,568,000 after purchasing an additional 3,773 shares during the period. Sanctuary Advisors LLC purchased a new stake in Invesco S&P 500 Equal Weight Utilities ETF in the fourth quarter valued at approximately $201,000. Concurrent Investment Advisors LLC purchased a new position in Invesco S&P 500 Equal Weight Utilities ETF during the 4th quarter worth approximately $217,000. Finally, Geneos Wealth Management Inc. raised its holdings in shares of Invesco S&P 500 Equal Weight Utilities ETF by 6.7% during the fourth quarter. Geneos Wealth Management Inc. now owns 19,450 shares of the company’s stock worth $1,454,000 after purchasing an additional 1,217 shares during the last quarter.

Invesco S&P 500 Equal Weight Utilities ETF Company Profile

The Invesco S&P 500 Equal Weight Utilities ETF (RSPU) is an exchange-traded fund that mostly invests in utilities equity. The fund tracks an equal-weighted index of S&P 500 utilities companies. RSPU was launched on Nov 1, 2006 and is managed by Invesco.