Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) Short Interest Down 30.5% in December

Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) was the recipient of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 1,136,719 shares, a decline of 30.5% from the December 15th total of 1,636,152 shares. Based on an average daily trading volume, of 562,869 shares, the days-to-cover ratio is currently 2.0 days. Currently, 1.8% of the company’s stock are sold short. Currently, 1.8% of the company’s stock are sold short. Based on an average daily trading volume, of 562,869 shares, the days-to-cover ratio is currently 2.0 days.

Invesco S&P 500 High Dividend Low Volatility ETF Price Performance

Invesco S&P 500 High Dividend Low Volatility ETF stock traded down $0.21 during midday trading on Friday, reaching $49.35. The company’s stock had a trading volume of 776,815 shares, compared to its average volume of 909,664. The stock’s 50-day simple moving average is $48.20 and its 200-day simple moving average is $48.49. Invesco S&P 500 High Dividend Low Volatility ETF has a 52-week low of $43.39 and a 52-week high of $51.60. The stock has a market capitalization of $3.12 billion, a P/E ratio of 15.77 and a beta of 0.72.

Institutional Trading of Invesco S&P 500 High Dividend Low Volatility ETF

Large investors have recently bought and sold shares of the stock. Two Sigma Investments LP purchased a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the third quarter worth $34,348,000. BTS Asset Management Inc. purchased a new stake in shares of Invesco S&P 500 High Dividend Low Volatility ETF during the second quarter valued at $10,190,000. Foguth Wealth Management LLC. acquired a new position in shares of Invesco S&P 500 High Dividend Low Volatility ETF in the 4th quarter valued at $8,947,000. Prostatis Group LLC raised its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 1,027.0% in the 3rd quarter. Prostatis Group LLC now owns 94,250 shares of the company’s stock worth $4,661,000 after acquiring an additional 85,887 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its stake in Invesco S&P 500 High Dividend Low Volatility ETF by 797.2% in the 2nd quarter. BNP Paribas Financial Markets now owns 90,036 shares of the company’s stock worth $4,282,000 after acquiring an additional 80,001 shares during the last quarter.

Invesco S&P 500 High Dividend Low Volatility ETF Company Profile

The Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks a dividend-yield-weighted index comprising the least volatile, highest dividend-yielding S&P 500 stocks. SPHD was launched on Oct 18, 2012 and is managed by Invesco.