Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) Sees Large Increase in Short Interest

Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 10,831 shares, an increase of 80.8% from the December 31st total of 5,991 shares. Based on an average daily trading volume, of 13,938 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.4% of the company’s stock are short sold. Currently, 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 13,938 shares, the days-to-cover ratio is presently 0.8 days.

Invesco S&P 500 Equal Weight Real Estate ETF Stock Up 0.3%

RSPR traded up $0.09 during trading on Friday, hitting $34.40. The company’s stock had a trading volume of 10,353 shares, compared to its average volume of 13,438. The firm has a market capitalization of $99.76 million, a P/E ratio of 37.16 and a beta of 1.03. The stock’s fifty day moving average price is $33.90 and its 200-day moving average price is $34.56. Invesco S&P 500 Equal Weight Real Estate ETF has a twelve month low of $30.83 and a twelve month high of $37.23.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Wealth Advisory Team LLC bought a new position in Invesco S&P 500 Equal Weight Real Estate ETF in the second quarter worth $201,000. Duncan Williams Asset Management LLC bought a new stake in Invesco S&P 500 Equal Weight Real Estate ETF in the second quarter worth approximately $234,000. Koshinski Asset Management Inc. grew its position in Invesco S&P 500 Equal Weight Real Estate ETF by 6.5% during the third quarter. Koshinski Asset Management Inc. now owns 7,453 shares of the company’s stock valued at $264,000 after buying an additional 454 shares during the period. Evergreen Capital Management LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF in the third quarter worth $287,000. Finally, Walker Asset Management LLC boosted its position in Invesco S&P 500 Equal Weight Real Estate ETF by 4.2% during the 3rd quarter. Walker Asset Management LLC now owns 8,393 shares of the company’s stock valued at $298,000 after buying an additional 342 shares during the period.

Invesco S&P 500 Equal Weight Real Estate ETF Company Profile

The Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an equal-weighted index of US real estate equities selected from the S&P 500. The index excludes mortgage REITs and real estate management and development firms. RSPR was launched on Aug 13, 2015 and is managed by Invesco.