Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) Sees Significant Drop in Short Interest

Invesco S&P 500 Downside Hedged ETF (NYSEARCA:PHDG) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 7,251 shares, a decrease of 44.8% from the July 15th total of 13,141 shares. Based on an average trading volume of 25,274 shares, the short-interest ratio is presently 0.3 days. Currently, 0.5% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of PHDG. January Capital Advisors LLC purchased a new stake in Invesco S&P 500 Downside Hedged ETF in the 1st quarter valued at $935,000. First Growth Capital LLC purchased a new position in Invesco S&P 500 Downside Hedged ETF during the 4th quarter worth $953,000. Axxcess Wealth Management LLC purchased a new position in Invesco S&P 500 Downside Hedged ETF during the 4th quarter worth $679,000. Advisory Services Network LLC bought a new stake in shares of Invesco S&P 500 Downside Hedged ETF in the 3rd quarter worth $26,000. Finally, Cresta Advisors Ltd. bought a new stake in shares of Invesco S&P 500 Downside Hedged ETF in the 4th quarter worth $26,000.

Invesco S&P 500 Downside Hedged ETF Trading Down 0.8%

NYSEARCA PHDG traded down $0.32 during trading hours on Monday, hitting $41.73. The company’s stock had a trading volume of 3,366 shares, compared to its average volume of 10,958. Invesco S&P 500 Downside Hedged ETF has a 52 week low of $34.73 and a 52 week high of $43.41. The company has a market capitalization of $64.68 million, a PE ratio of 25.93 and a beta of 0.56. The company’s 50-day simple moving average is $41.24 and its two-hundred day simple moving average is $40.05.

Invesco S&P 500 Downside Hedged ETF Company Profile

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.