Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) Sees Significant Growth in Short Interest

Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZGet Free Report) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 245 shares, an increase of 61.2% from the May 14th total of 152 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 439 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Invesco S&P SmallCap 600 GARP ETF stock. Sankala Group LLC bought a new position in Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZFree Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,219 shares of the company’s stock, valued at approximately $35,000. Sankala Group LLC owned about 1.22% of Invesco S&P SmallCap 600 GARP ETF at the end of the most recent quarter.

Invesco S&P SmallCap 600 GARP ETF Price Performance

GRPZ stock remained flat at $30.70 during mid-day trading on Tuesday. 9 shares of the company’s stock traded hands, compared to its average volume of 232. Invesco S&P SmallCap 600 GARP ETF has a 52 week low of $24.45 and a 52 week high of $30.91. The stock’s fifty day moving average is $29.50 and its two-hundred day moving average is $28.40. The firm has a market cap of $3.07 million, a P/E ratio of 12.58 and a beta of 0.91.

About Invesco S&P SmallCap 600 GARP ETF

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Invesco S&P SmallCap 600 GARP ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P SmallCap 600 GARP ETF and related companies with MarketBeat.com's FREE daily email newsletter.