Invesco S&P SmallCap Quality ETF (BATS:XSHQ) Sees Large Increase in Short Interest

Invesco S&P SmallCap Quality ETF (BATS:XSHQ) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 49,762 shares, an increase of 758.1% from the May 14th total of 5,799 shares. Based on an average trading volume of 68,385 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.6% of the company’s shares are short sold.

Hedge Funds Weigh In On Invesco S&P SmallCap Quality ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Kestra Advisory Services LLC bought a new position in Invesco S&P SmallCap Quality ETF in the fourth quarter valued at approximately $36,000. Flagship Harbor Advisors LLC bought a new position in Invesco S&P SmallCap Quality ETF in the fourth quarter valued at approximately $55,000. EverSource Wealth Advisors LLC bought a new position in Invesco S&P SmallCap Quality ETF in the third quarter valued at approximately $85,000. Cullen Frost Bankers Inc. boosted its stake in Invesco S&P SmallCap Quality ETF by 116.7% in the fourth quarter. Cullen Frost Bankers Inc. now owns 2,204 shares of the company’s stock valued at $93,000 after acquiring an additional 1,187 shares during the last quarter. Finally, EFG International AG bought a new position in Invesco S&P SmallCap Quality ETF in the fourth quarter valued at approximately $166,000.

Invesco S&P SmallCap Quality ETF Stock Performance

Shares of XSHQ stock opened at $46.69 on Friday. Invesco S&P SmallCap Quality ETF has a 52-week low of $39.32 and a 52-week high of $46.71. The stock has a market cap of $370.25 million, a PE ratio of 14.16 and a beta of 1.00. The firm’s 50 day moving average price is $45.05 and its two-hundred day moving average price is $43.90.

Invesco S&P SmallCap Quality ETF Company Profile

The Invesco S&P SmallCap Quality ETF (XSHQ) is an exchange-traded fund that is based on the S&P SmallCap 600 Quality index. The fund tracks an index of US small-cap stocks selected by return-on-equity, accruals ratio, and financial leverage. Stocks are weighted by these quality factors and scaled by market-cap. XSHQ was launched on Apr 6, 2017 and is managed by Invesco.