Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV) Short Interest Up 912.0% in April

Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 69,978 shares, an increase of 912.0% from the March 31st total of 6,915 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily volume of 67,408 shares, the days-to-cover ratio is presently 1.0 days.

Invesco S&P Emerging Markets Low Volatility ETF Stock Up 0.0%

NYSEARCA EELV traded up $0.01 on Friday, reaching $28.99. The stock had a trading volume of 15,972 shares, compared to its average volume of 57,698. The firm has a market capitalization of $443.55 million, a price-to-earnings ratio of 12.64 and a beta of 0.46. Invesco S&P Emerging Markets Low Volatility ETF has a 12-month low of $24.62 and a 12-month high of $29.97. The stock has a fifty day moving average price of $28.70 and a two-hundred day moving average price of $27.94.

Institutional Trading of Invesco S&P Emerging Markets Low Volatility ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EELV. Smartleaf Asset Management LLC raised its position in Invesco S&P Emerging Markets Low Volatility ETF by 135.2% in the second quarter. Smartleaf Asset Management LLC now owns 1,291 shares of the company’s stock valued at $34,000 after purchasing an additional 742 shares during the period. Strategic Advocates LLC purchased a new stake in Invesco S&P Emerging Markets Low Volatility ETF in the third quarter valued at approximately $37,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Invesco S&P Emerging Markets Low Volatility ETF during the fourth quarter worth $40,000. Arax Advisory Partners purchased a new stake in shares of Invesco S&P Emerging Markets Low Volatility ETF during the fourth quarter worth $43,000. Finally, LOM Asset Management Ltd increased its position in shares of Invesco S&P Emerging Markets Low Volatility ETF by 30.8% during the third quarter. LOM Asset Management Ltd now owns 1,700 shares of the company’s stock worth $45,000 after acquiring an additional 400 shares during the period.

About Invesco S&P Emerging Markets Low Volatility ETF

The Invesco S&P Emerging Markets Low Volatility ETF (EELV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a volatility-weighted index of emerging markets firms. EELV was launched on Jan 13, 2012 and is managed by Invesco.