Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) Short Interest Down 75.4% in May

Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) was the target of a significant decline in short interest in the month of May. As of May 31st, there was short interest totalling 3,000 shares, a decline of 75.4% from the May 15th total of 12,200 shares. Based on an average trading volume of 228,000 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Invesco S&P SmallCap 600 Revenue ETF Stock Down 0.5%

NYSEARCA RWJ opened at $42.76 on Thursday. The stock has a market cap of $1.52 billion, a P/E ratio of 12.09 and a beta of 1.17. The company’s 50-day simple moving average is $39.63 and its 200 day simple moving average is $43.39. Invesco S&P SmallCap 600 Revenue ETF has a twelve month low of $34.31 and a twelve month high of $49.92.

Institutional Trading of Invesco S&P SmallCap 600 Revenue ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Glass Jacobson Investment Advisors llc grew its stake in Invesco S&P SmallCap 600 Revenue ETF by 258.7% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 807 shares of the company’s stock worth $37,000 after buying an additional 582 shares during the last quarter. Aptus Capital Advisors LLC grew its stake in Invesco S&P SmallCap 600 Revenue ETF by 110,500.0% during the fourth quarter. Aptus Capital Advisors LLC now owns 1,106 shares of the company’s stock worth $51,000 after buying an additional 1,105 shares during the last quarter. NorthRock Partners LLC bought a new stake in Invesco S&P SmallCap 600 Revenue ETF during the first quarter worth about $73,000. Kiker Wealth Management LLC bought a new stake in Invesco S&P SmallCap 600 Revenue ETF during the fourth quarter worth about $81,000. Finally, Sandy Spring Bank bought a new stake in Invesco S&P SmallCap 600 Revenue ETF during the fourth quarter worth about $85,000.

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.