Short Interest in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Expands By 149.6%

Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 29,158 shares, an increase of 149.6% from the November 30th total of 11,682 shares. Based on an average daily volume of 207,908 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 207,908 shares, the short-interest ratio is presently 0.1 days.

Invesco S&P MidCap Quality ETF Stock Performance

Shares of NYSEARCA XMHQ traded down $0.08 during midday trading on Friday, hitting $104.70. 111,976 shares of the company traded hands, compared to its average volume of 341,584. Invesco S&P MidCap Quality ETF has a 12-month low of $80.60 and a 12-month high of $107.19. The firm has a market cap of $5.25 billion, a P/E ratio of 16.29 and a beta of 1.04. The stock has a 50-day moving average price of $102.82 and a 200 day moving average price of $102.45.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in XMHQ. Vantagepoint Investment Advisers LLC bought a new stake in shares of Invesco S&P MidCap Quality ETF during the third quarter valued at approximately $158,090,000. Thrivent Financial for Lutherans boosted its holdings in shares of Invesco S&P MidCap Quality ETF by 57.5% during the 2nd quarter. Thrivent Financial for Lutherans now owns 604,422 shares of the company’s stock valued at $59,378,000 after buying an additional 220,687 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new stake in shares of Invesco S&P MidCap Quality ETF in the 2nd quarter worth about $19,603,000. Trust Co. of Toledo NA OH bought a new position in shares of Invesco S&P MidCap Quality ETF in the 2nd quarter worth about $15,746,000. Finally, Jones Financial Companies Lllp lifted its position in Invesco S&P MidCap Quality ETF by 37.4% during the 1st quarter. Jones Financial Companies Lllp now owns 531,383 shares of the company’s stock valued at $48,632,000 after acquiring an additional 144,740 shares during the period.

Invesco S&P MidCap Quality ETF Company Profile

The Invesco S&P MidCap Quality ETF (XMHQ) is an exchange-traded fund that is based on the S&P MidCap 400 Quality index. The fund tracks the S&P mid-cap 400 Quality Index, which screens stocks based on fundamental factors and weights them using a multi-factor approach. XMHQ was launched on Dec 1, 2006 and is managed by Invesco.