Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) Sees Significant Decline in Short Interest

Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 290 shares, a decline of 18.1% from the December 15th total of 354 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 93 shares, the days-to-cover ratio is currently 3.1 days. Based on an average trading volume of 93 shares, the days-to-cover ratio is currently 3.1 days. Approximately 0.3% of the shares of the company are sold short.

Invesco S&P SmallCap 600 GARP ETF Price Performance

GRPZ stock traded down $0.08 during trading on Monday, reaching $28.27. 12 shares of the company were exchanged, compared to its average volume of 137. The company has a 50-day moving average of $27.03 and a two-hundred day moving average of $26.55. The company has a market capitalization of $2.83 million, a price-to-earnings ratio of 12.58 and a beta of 1.12. Invesco S&P SmallCap 600 GARP ETF has a twelve month low of $20.55 and a twelve month high of $28.35.

Invesco S&P SmallCap 600 GARP ETF Company Profile

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.