Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) Short Interest Update

Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 57,793 shares, a growth of 129.1% from the May 14th total of 25,221 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 97,427 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Trading of Invesco S&P SmallCap 600 Revenue ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Guidance Capital Inc. raised its position in Invesco S&P SmallCap 600 Revenue ETF by 44.7% in the 4th quarter. Guidance Capital Inc. now owns 46,324 shares of the company’s stock valued at $2,467,000 after buying an additional 14,320 shares during the last quarter. CPC Advisors LLC boosted its holdings in Invesco S&P SmallCap 600 Revenue ETF by 12.6% during the 4th quarter. CPC Advisors LLC now owns 365,973 shares of the company’s stock worth $17,830,000 after acquiring an additional 41,082 shares during the last quarter. MAI Capital Management boosted its holdings in Invesco S&P SmallCap 600 Revenue ETF by 5.9% during the 3rd quarter. MAI Capital Management now owns 415,978 shares of the company’s stock worth $20,092,000 after acquiring an additional 23,156 shares during the last quarter. Belpointe Asset Management LLC grew its stake in shares of Invesco S&P SmallCap 600 Revenue ETF by 25.3% in the 4th quarter. Belpointe Asset Management LLC now owns 48,880 shares of the company’s stock worth $2,381,000 after acquiring an additional 9,872 shares in the last quarter. Finally, Harbour Investments Inc. grew its stake in shares of Invesco S&P SmallCap 600 Revenue ETF by 10.5% in the 4th quarter. Harbour Investments Inc. now owns 123,305 shares of the company’s stock worth $6,007,000 after acquiring an additional 11,723 shares in the last quarter.

Invesco S&P SmallCap 600 Revenue ETF Price Performance

NYSEARCA:RWJ opened at $58.78 on Friday. Invesco S&P SmallCap 600 Revenue ETF has a one year low of $41.44 and a one year high of $59.17. The company has a market cap of $1.92 billion, a PE ratio of 13.17 and a beta of 1.08. The firm has a 50-day moving average of $54.92 and a 200-day moving average of $52.33.

Invesco S&P SmallCap 600 Revenue ETF Company Profile

The Invesco S&P SmallCap 600 Revenue ETF (RWJ) is an exchange-traded fund that is based on the S&P SmallCap 600 Revenue-Weighted index. The fund tracks an index of S&P SmallCap 600 Index stocks that are weighted by revenue. RWJ was launched on Feb 22, 2008 and is managed by Invesco.