Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) Short Interest Update

Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 541,095 shares, an increase of 75.2% from the July 30th total of 308,775 shares. Approximately 1.2% of the company’s stock are sold short. Based on an average trading volume of 335,728 shares, the days-to-cover ratio is currently 1.6 days.

Institutional Trading of Invesco S&P MidCap Momentum ETF

Large investors have recently bought and sold shares of the stock. &PARTNERS increased its holdings in shares of Invesco S&P MidCap Momentum ETF by 2.0% during the 4th quarter. &PARTNERS now owns 3,501 shares of the company’s stock valued at $485,000 after purchasing an additional 70 shares in the last quarter. Paller Financial Services Inc boosted its holdings in Invesco S&P MidCap Momentum ETF by 0.3% during the second quarter. Paller Financial Services Inc now owns 24,545 shares of the company’s stock worth $4,176,000 after buying an additional 74 shares in the last quarter. Pacific Sun Financial Corp grew its position in Invesco S&P MidCap Momentum ETF by 1.6% during the first quarter. Pacific Sun Financial Corp now owns 5,163 shares of the company’s stock valued at $749,000 after buying an additional 80 shares during the period. Oppenheimer & Co. Inc. increased its holdings in Invesco S&P MidCap Momentum ETF by 0.7% in the fourth quarter. Oppenheimer & Co. Inc. now owns 11,845 shares of the company’s stock valued at $1,640,000 after buying an additional 86 shares in the last quarter. Finally, Advisory Services Network LLC increased its holdings in Invesco S&P MidCap Momentum ETF by 2.4% in the third quarter. Advisory Services Network LLC now owns 4,004 shares of the company’s stock valued at $541,000 after buying an additional 95 shares in the last quarter.

Invesco S&P MidCap Momentum ETF Stock Performance

Shares of XMMO stock opened at $153.17 on Monday. Invesco S&P MidCap Momentum ETF has a fifty-two week low of $129.31 and a fifty-two week high of $173.94. The firm has a market capitalization of $7.12 billion, a price-to-earnings ratio of 22.06 and a beta of 1.09. The stock’s 50-day simple moving average is $160.99 and its 200-day simple moving average is $157.80.

Invesco S&P MidCap Momentum ETF Company Profile

The Invesco S&P MidCap Momentum ETF (XMMO) is an exchange-traded fund that is based on the S&P MidCap 400 Momentum (USD) index. The fund tracks an index of S&P 400 MidCap stocks selected by momentum and weighted by market cap and momentum. XMMO was launched on Mar 3, 2005 and is managed by Invesco.