Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSE:RCD) Shares Shorted: Short Interest Up 76.1% in September

Invesco S&P 500 Equal Weight Consumer Discretionary ETF (NYSE:RCD) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 3,329 shares, an increase of 76.1% from the September 15th total of 1,890 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 5,985 shares, the days-to-cover ratio is presently 0.6 days.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Stock Up 1.0%

Shares of NYSE:RCD traded up $0.21 during trading on Thursday, reaching $21.50. The stock had a trading volume of 314 shares, compared to its average volume of 8,755. The business has a fifty day moving average price of $23.07 and a 200-day moving average price of $22.50. The stock has a market cap of $81.48 million, a P/E ratio of 17.52 and a beta of 1.32. Invesco S&P 500 Equal Weight Consumer Discretionary ETF has a fifty-two week low of $18.55 and a fifty-two week high of $24.43.

Invesco S&P 500 Equal Weight Consumer Discretionary ETF Company Profile

Guggenheim S&P 500 Equal Weight Consumer Discretionary ETF (the Fund), formerly Rydex S&P Equal Weight Consumer Discretionary ETF, seeks to replicate as closely as possible the performance of the S&P Equal Weight Index Consumer Discretionary (the Index). The Index is an unmanaged equal-weighted version of the S&P 500 Consumer Discretionary Index that consists of the common stocks of industries, such as automobiles and components, consumer durables, apparel, hotels, restaurants, leisure, media and retailing that comprise the consumer discretionary sector of the S&P 500 Index.