Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV) Short Interest Down 88.6% in January

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 8 shares, a decline of 88.6% from the December 31st total of 70 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 767 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 767 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Citadel Advisors LLC boosted its stake in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF by 10.7% in the third quarter. Citadel Advisors LLC now owns 5,191 shares of the company’s stock valued at $289,000 after buying an additional 501 shares in the last quarter. Two Sigma Investments LP bought a new stake in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF in the 3rd quarter valued at about $406,000. Susquehanna International Group LLP boosted its stake in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF by 41.4% during the 3rd quarter. Susquehanna International Group LLP now owns 9,119 shares of the company’s stock valued at $507,000 after purchasing an additional 2,670 shares during the last quarter. Osaic Holdings Inc. lifted its position in shares of Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF by 4.0% during the second quarter. Osaic Holdings Inc. now owns 21,088 shares of the company’s stock valued at $1,161,000 after purchasing an additional 820 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF by 3.1% in the 2nd quarter. Bank of America Corp DE now owns 29,621 shares of the company’s stock valued at $1,631,000 after purchasing an additional 885 shares during the period.

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF Trading Down 0.5%

XRLV traded down $0.26 during midday trading on Wednesday, reaching $55.10. The company’s stock had a trading volume of 4,012 shares, compared to its average volume of 3,512. The company has a fifty day simple moving average of $54.39 and a 200 day simple moving average of $54.77. Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF has a twelve month low of $51.21 and a twelve month high of $56.89. The stock has a market cap of $31.96 million, a P/E ratio of 23.36 and a beta of 0.65.

Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were paid a $0.0953 dividend. This is a boost from Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Tuesday, January 20th.

About Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF

The Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (XRLV) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap US equities, selected for positive correlation to rising interest rates and for low volatility. Stocks are weighted inversely to volatility. XRLV was launched on Apr 9, 2015 and is managed by Invesco.