Short Interest in Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) Grows By 188.4%

Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) was the target of a large growth in short interest in February. As of February 27th, there was short interest totaling 274 shares, a growth of 188.4% from the February 12th total of 95 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily volume of 129 shares, the days-to-cover ratio is presently 2.1 days. Based on an average daily volume of 129 shares, the days-to-cover ratio is presently 2.1 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Investors Weigh In On Invesco S&P SmallCap 600 GARP ETF

A hedge fund recently bought a new stake in Invesco S&P SmallCap 600 GARP ETF stock. Sankala Group LLC purchased a new position in shares of Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,219 shares of the company’s stock, valued at approximately $35,000. Sankala Group LLC owned approximately 1.22% of Invesco S&P SmallCap 600 GARP ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Invesco S&P SmallCap 600 GARP ETF Stock Performance

GRPZ stock traded up $0.01 during trading on Friday, reaching $26.81. 31 shares of the company were exchanged, compared to its average volume of 252. The company has a market cap of $2.68 million, a P/E ratio of 12.58 and a beta of 1.12. Invesco S&P SmallCap 600 GARP ETF has a 52-week low of $20.55 and a 52-week high of $29.99. The stock’s 50 day moving average price is $28.33 and its 200 day moving average price is $27.28.

Invesco S&P SmallCap 600 GARP ETF Company Profile

The Invesco S&P SmallCap 600 GARP ETF (GRPZ) is an exchange-traded fund that is based on the S&P SmallCap 600 GARP index. The fund tracks an index of US small-cap growth stocks that exhibit quality and value characteristics. GRPZ was launched on Mar 27, 2024 and is issued by Invesco.