Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) Short Interest Update

Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 900 shares, an increase of 50.0% from the September 15th total of 600 shares. Based on an average daily volume of 9,700 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 9,700 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Invesco S&P 500 Downside Hedged ETF

Hedge funds have recently made changes to their positions in the company. Grant Private Wealth Management Inc purchased a new position in shares of Invesco S&P 500 Downside Hedged ETF in the third quarter valued at approximately $366,000. Geneos Wealth Management Inc. boosted its stake in Invesco S&P 500 Downside Hedged ETF by 112.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 91,696 shares of the company’s stock worth $3,236,000 after purchasing an additional 48,598 shares during the last quarter. WFA of San Diego LLC purchased a new stake in shares of Invesco S&P 500 Downside Hedged ETF during the second quarter worth $1,757,000. Darwin Wealth Management LLC acquired a new stake in shares of Invesco S&P 500 Downside Hedged ETF in the second quarter valued at about $2,065,000. Finally, Blueprint Financial Advisors LLC purchased a new position in shares of Invesco S&P 500 Downside Hedged ETF in the second quarter worth about $3,008,000.

Invesco S&P 500 Downside Hedged ETF Stock Down 0.3%

PHDG stock opened at $37.58 on Thursday. The stock has a market capitalization of $73.28 million, a P/E ratio of 25.93 and a beta of 0.36. The firm has a 50-day simple moving average of $37.00 and a 200-day simple moving average of $35.50. Invesco S&P 500 Downside Hedged ETF has a 52 week low of $32.85 and a 52 week high of $39.23.

About Invesco S&P 500 Downside Hedged ETF

The Invesco S&P 500 Downside Hedged ETF (PHDG) is an exchange-traded fund that is based on the S&P 500 Dynamic VEQTOR index. The fund is an actively-managed ETF that allocates its portfolio between S&P 500 equities, VIX Index futures and cash. PHDG was launched on Dec 6, 2012 and is managed by Invesco.