Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) Shares Shorted: Short Interest Down 53.4% in September

Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 57,696 shares, a decline of 53.4% from the August 31st total of 123,700 shares. Based on an average daily volume of 100,102 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the company’s stock are short sold.

Invesco S&P SmallCap 600 Revenue ETF Price Performance

Invesco S&P SmallCap 600 Revenue ETF stock traded down $0.49 during trading hours on Wednesday, hitting $56.22. The company had a trading volume of 72,047 shares, compared to its average volume of 88,228. Invesco S&P SmallCap 600 Revenue ETF has a fifty-two week low of $44.70 and a fifty-two week high of $62.86. The firm has a market capitalization of $1.93 billion, a P/E ratio of 13.17 and a beta of 1.07. The firm’s fifty day moving average is $60.38 and its 200-day moving average is $57.11.

Institutional Trading of Invesco S&P SmallCap 600 Revenue ETF

A number of institutional investors have recently bought and sold shares of the company. Ashton Thomas Securities LLC bought a new stake in Invesco S&P SmallCap 600 Revenue ETF in the first quarter worth $139,000. Fifth Third Bancorp acquired a new stake in shares of Invesco S&P SmallCap 600 Revenue ETF in the first quarter worth about $169,000. Investor s Fiduciary Advisor Network LLC acquired a new stake in shares of Invesco S&P SmallCap 600 Revenue ETF in the second quarter worth about $203,000. Hudock Inc. bought a new stake in shares of Invesco S&P SmallCap 600 Revenue ETF during the 2nd quarter worth about $209,000. Finally, Unique Wealth LLC acquired a new position in shares of Invesco S&P SmallCap 600 Revenue ETF during the 2nd quarter valued at about $214,000.

About Invesco S&P SmallCap 600 Revenue ETF

The Invesco S&P SmallCap 600 Revenue ETF (RWJ) is an exchange-traded fund that is based on the S&P SmallCap 600 Revenue-Weighted index. The fund tracks an index of S&P SmallCap 600 Index stocks that are weighted by revenue. RWJ was launched on Feb 22, 2008 and is managed by Invesco.