Short Interest in Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) Declines By 66.2%

Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 160 shares, a decrease of 66.2% from the April 15th total of 473 shares. Based on an average daily trading volume, of 212 shares, the short-interest ratio is currently 0.8 days. Approximately 0.2% of the company’s shares are short sold.

Invesco S&P SmallCap 600 GARP ETF Price Performance

NYSEARCA GRPZ traded down $0.42 during trading on Friday, hitting $29.00. 206 shares of the company’s stock traded hands, compared to its average volume of 208. The stock has a fifty day moving average of $28.41 and a two-hundred day moving average of $27.84. Invesco S&P SmallCap 600 GARP ETF has a 12-month low of $23.76 and a 12-month high of $30.47. The firm has a market cap of $2.90 million, a P/E ratio of 12.58 and a beta of 0.97.

Institutional Trading of Invesco S&P SmallCap 600 GARP ETF

A hedge fund recently bought a new stake 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) in the fourth quarter, according to its most recent 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 1.22% of Invesco S&P SmallCap 600 GARP ETF at the end of the most recent quarter.

About Invesco S&P SmallCap 600 GARP ETF

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.