Invesco S&P SmallCap Quality ETF (BATS:XSHQ) Stock Short Interest Rises 92.5%

Invesco S&P SmallCap Quality ETF (BATS:XSHQ) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 11,362 shares, a growth of 92.5% from the August 31st total of 5,901 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 30,725 shares, the short-interest ratio is presently 0.4 days.

Invesco S&P SmallCap Quality ETF Price Performance

XSHQ stock opened at $44.92 on Thursday. Invesco S&P SmallCap Quality ETF has a 1 year low of $40.02 and a 1 year high of $50.36. The firm has a 50-day moving average of $47.70 and a 200 day moving average of $46.19. The company has a market cap of $356.22 million, a P/E ratio of 14.16 and a beta of 1.00.

Hedge Funds Weigh In On Invesco S&P SmallCap Quality ETF

A number of institutional investors have recently added to or reduced their stakes in XSHQ. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco S&P SmallCap Quality ETF by 4.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 483,883 shares of the company’s stock valued at $20,369,000 after buying an additional 20,200 shares in the last quarter. Citadel Advisors LLC boosted its stake in Invesco S&P SmallCap Quality ETF by 821.1% during the 2nd quarter. Citadel Advisors LLC now owns 93,560 shares of the company’s stock valued at $4,524,000 after purchasing an additional 83,403 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Invesco S&P SmallCap Quality ETF by 3.6% during the 1st quarter. Bank of America Corp DE now owns 77,823 shares of the company’s stock valued at $3,281,000 after acquiring an additional 2,697 shares during the last quarter. Cetera Investment Advisers grew its position in Invesco S&P SmallCap Quality ETF by 8.6% in the 1st quarter. Cetera Investment Advisers now owns 46,272 shares of the company’s stock worth $1,951,000 after purchasing an additional 3,645 shares during the period. Finally, Westmount Partners LLC purchased a new stake in Invesco S&P SmallCap Quality ETF during the first quarter valued at $1,686,000.

About Invesco S&P SmallCap Quality ETF

The Invesco S&P SmallCap Quality ETF (XSHQ) is an exchange-traded fund that is based on the S&P SmallCap 600 Quality index. The fund tracks an index of US small-cap stocks selected by return-on-equity, accruals ratio, and financial leverage. Stocks are weighted by these quality factors and scaled by market-cap. XSHQ was launched on Apr 6, 2017 and is managed by Invesco.