Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSE:RCD) Sees Significant Drop in Short Interest

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSE:RCD) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 1,890 shares, a decline of 60.6% from the August 31st total of 4,793 shares. Based on an average daily volume of 2,666 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.0% of the company’s stock are sold short.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Stock Down 0.4%

RCD stock traded down $0.10 during trading hours on Tuesday, hitting $22.94. The company’s stock had a trading volume of 8,869 shares, compared to its average volume of 8,880. The company has a market capitalization of $86.94 million, a PE ratio of 17.52 and a beta of 1.32. The stock has a 50 day moving average price of $23.23 and a two-hundred day moving average price of $22.33. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a 12 month low of $18.55 and a 12 month high of $24.45.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Company Profile

Guggenheim S&P 500 Equal Weight Consumer Discretionary ETF (the Fund), formerly Rydex S&P Equal Weight Consumer Discretionary ETF, seeks to replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Discretionary (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Discretionary Index that consists of the common stocks of industries, such as automobiles and components, consumer durables, apparel, hotels, restaurants, leisure, media and retailing that comprise the consumer discretionary sector of the S&P 500 Index.