Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) Short Interest Down 82.6% in March

Invesco S&P SmallCap 600 Pure Value ETF (NYSEARCA:RZV) saw a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 1,395 shares, a drop of 82.6% from the February 26th total of 8,029 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 7,985 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 7,985 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Trading of Invesco S&P SmallCap 600 Pure Value ETF

Institutional investors have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC raised its position in Invesco S&P SmallCap 600 Pure Value ETF by 729.4% in the 3rd quarter. Global Retirement Partners LLC now owns 282 shares of the company’s stock valued at $33,000 after purchasing an additional 248 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in shares of Invesco S&P SmallCap 600 Pure Value ETF during the fourth quarter worth about $33,000. Raymond James Financial Inc. acquired a new position in shares of Invesco S&P SmallCap 600 Pure Value ETF during the second quarter worth about $35,000. Jackson Hole Capital Partners LLC purchased a new stake in shares of Invesco S&P SmallCap 600 Pure Value ETF during the third quarter worth approximately $54,000. Finally, Cardiff Park Advisors LLC purchased a new stake in shares of Invesco S&P SmallCap 600 Pure Value ETF during the third quarter worth approximately $77,000.

Invesco S&P SmallCap 600 Pure Value ETF Stock Performance

Shares of Invesco S&P SmallCap 600 Pure Value ETF stock traded up $1.21 on Tuesday, reaching $123.72. The company had a trading volume of 5,521 shares, compared to its average volume of 9,141. The firm’s 50 day moving average price is $129.18 and its two-hundred day moving average price is $122.47. The firm has a market cap of $235.07 million, a PE ratio of 10.81 and a beta of 1.20. Invesco S&P SmallCap 600 Pure Value ETF has a 52-week low of $81.43 and a 52-week high of $139.95.

About Invesco S&P SmallCap 600 Pure Value ETF

Guggenheim S&P SmallCap 600 Pure Value ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P SmallCap 600 Pure Value Index (the Index). The Fund uses a passive management strategy, known as replication, to track the performance of the Index. Replication refers to investing in substantially all of the securities in the Index in approximately the same proportions as in the Index. Under normal circumstances, the Fund will invest at least 90% of its net assets, plus any borrowing for investment purposes, in the equity securities (and derivatives thereof) included in the Index.