Short Interest in Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) Expands By 126.2%

Invesco S&P SmallCap Momentum ETF (NYSEARCA:XSMO) saw a large growth in short interest in February. As of February 13th, there was short interest totaling 55,585 shares, a growth of 126.2% from the January 29th total of 24,576 shares. Based on an average daily volume of 266,434 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 266,434 shares, the short-interest ratio is presently 0.2 days.

Invesco S&P SmallCap Momentum ETF Stock Up 0.5%

Shares of XSMO stock opened at $80.65 on Friday. The company has a market capitalization of $2.35 billion, a P/E ratio of 19.29 and a beta of 1.07. Invesco S&P SmallCap Momentum ETF has a 12-month low of $53.89 and a 12-month high of $81.36. The firm has a 50-day moving average price of $76.84 and a 200 day moving average price of $74.04.

Institutional Investors Weigh In On Invesco S&P SmallCap Momentum ETF

Large investors have recently bought and sold shares of the business. LPL Financial LLC raised its position in Invesco S&P SmallCap Momentum ETF by 3.2% in the 4th quarter. LPL Financial LLC now owns 2,171,515 shares of the company’s stock valued at $156,371,000 after purchasing an additional 66,942 shares during the last quarter. Osaic Holdings Inc. increased its stake in shares of Invesco S&P SmallCap Momentum ETF by 8.4% in the second quarter. Osaic Holdings Inc. now owns 1,750,582 shares of the company’s stock valued at $119,082,000 after buying an additional 135,949 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of Invesco S&P SmallCap Momentum ETF by 2.4% in the third quarter. Envestnet Asset Management Inc. now owns 1,617,479 shares of the company’s stock valued at $118,998,000 after buying an additional 37,196 shares during the last quarter. Raymond James Financial Inc. lifted its position in Invesco S&P SmallCap Momentum ETF by 28.4% during the 3rd quarter. Raymond James Financial Inc. now owns 1,327,495 shares of the company’s stock worth $97,664,000 after buying an additional 293,947 shares in the last quarter. Finally, Cetera Investment Advisers grew its holdings in Invesco S&P SmallCap Momentum ETF by 8.8% during the 2nd quarter. Cetera Investment Advisers now owns 1,278,102 shares of the company’s stock worth $86,936,000 after acquiring an additional 103,022 shares during the last quarter.

About Invesco S&P SmallCap Momentum ETF

The Invesco S&P SmallCap Momentum ETF (XSMO) is an exchange-traded fund that is based on the S&P Small Cap 600 Momentum index. The fund tracks an index of US small-caps stocks selected by momentum. Holdings are weighted by a combination of market cap and momentum. XSMO was launched on Mar 3, 2005 and is managed by Invesco.