Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV) Sees Large Growth in Short Interest

Invesco S&P SmallCap Low Volatility ETF (NYSEARCA:XSLV) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 7,416 shares, an increase of 123.8% from the September 30th total of 3,313 shares. Based on an average daily volume of 5,773 shares, the short-interest ratio is currently 1.3 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Investors Weigh In On Invesco S&P SmallCap Low Volatility ETF

A number of large investors have recently modified their holdings of XSLV. CX Institutional grew its stake in shares of Invesco S&P SmallCap Low Volatility ETF by 47,364.7% during the third quarter. CX Institutional now owns 153,311 shares of the company’s stock valued at $7,504,000 after acquiring an additional 152,988 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of Invesco S&P SmallCap Low Volatility ETF during the second quarter worth about $58,000. NewEdge Advisors LLC lifted its stake in shares of Invesco S&P SmallCap Low Volatility ETF by 134.1% in the second quarter. NewEdge Advisors LLC now owns 6,312 shares of the company’s stock worth $331,000 after acquiring an additional 3,616 shares in the last quarter. Citadel Advisors LLC acquired a new position in shares of Invesco S&P SmallCap Low Volatility ETF in the second quarter worth about $405,000. Finally, RDA Financial Network lifted its stake in shares of Invesco S&P SmallCap Low Volatility ETF by 7.7% in the second quarter. RDA Financial Network now owns 4,713 shares of the company’s stock worth $247,000 after acquiring an additional 335 shares in the last quarter.

Invesco S&P SmallCap Low Volatility ETF Price Performance

NYSEARCA XSLV traded down $0.32 during trading hours on Friday, hitting $50.76. The company had a trading volume of 10,014 shares, compared to its average volume of 10,189. The firm’s 50 day moving average is $50.74 and its 200 day moving average is $50.36. Invesco S&P SmallCap Low Volatility ETF has a fifty-two week low of $44.32 and a fifty-two week high of $54.55. The company has a market capitalization of $236.03 million, a price-to-earnings ratio of 17.66 and a beta of 0.74.

Invesco S&P SmallCap Low Volatility ETF Company Profile

The Invesco S&P SmallCap Low Volatility ETF (XSLV) is an exchange-traded fund that is based on the S&P SmallCap 600 Low Volatility index. The fund tracks a volatility-weighted index of the 120 least volatile securities from the S&P 600. XSLV was launched on Feb 15, 2013 and is managed by Invesco.