Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) Stock Short Interest Jumps 154.7%

Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) was the recipient of a significant growth in short interest in October. As of October 30th, there was short interest totaling 12,979 shares, a growth of 154.7% from the October 15th total of 5,095 shares. Based on an average daily trading volume, of 11,553 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.6% of the shares of the stock are sold short.

Invesco ESG S&P 500 Equal Weight ETF Price Performance

Shares of RSPE stock traded down $0.02 during mid-day trading on Friday, hitting $35.35. The company had a trading volume of 11,476 shares, compared to its average volume of 11,568. The stock’s 50 day moving average price is $34.41 and its 200-day moving average price is $32.91. Invesco ESG S&P 500 Equal Weight ETF has a 52-week low of $28.02 and a 52-week high of $36.10. The company has a market capitalization of $76.00 million, a P/E ratio of 21.47 and a beta of 0.95.

Institutional Trading of Invesco ESG S&P 500 Equal Weight ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Eastern Bank bought a new position in shares of Invesco ESG S&P 500 Equal Weight ETF during the 3rd quarter valued at about $18,537,000. Commonwealth Equity Services LLC purchased a new position in shares of Invesco ESG S&P 500 Equal Weight ETF during the third quarter valued at about $4,676,000. Citadel Advisors LLC bought a new stake in shares of Invesco ESG S&P 500 Equal Weight ETF in the second quarter worth about $1,096,000. Community Financial Services Group LLC bought a new stake in shares of Invesco ESG S&P 500 Equal Weight ETF in the third quarter worth about $402,000. Finally, GRIMES & Co WEALTH MANAGEMENT LLC purchased a new stake in shares of Invesco ESG S&P 500 Equal Weight ETF in the third quarter worth about $368,000.

About Invesco ESG S&P 500 Equal Weight ETF

The Invesco ESG S&P 500 Equal Weight ETF (RSPE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of S&P 500 companies that exhibit environmental, social, and governance (ESG) characteristics. RSPE was launched on Nov 17, 2021 and is managed by Invesco.