Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) Stock Short Interest Climbs 116.1%

Invesco S&P MidCap Low Volatility ETF (NYSEARCA:XMLV) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 17,928 shares, a growth of 116.1% from the September 15th total of 8,295 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 20,153 shares, the short-interest ratio is currently 0.9 days.

Institutional Trading of Invesco S&P MidCap Low Volatility ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. MassMutual Private Wealth & Trust FSB acquired a new position in Invesco S&P MidCap Low Volatility ETF in the 3rd quarter valued at about $1,619,000. CX Institutional lifted its position in Invesco S&P MidCap Low Volatility ETF by 28,361.1% in the third quarter. CX Institutional now owns 116,975 shares of the company’s stock valued at $7,366,000 after purchasing an additional 116,564 shares during the period. Integrated Wealth Concepts LLC acquired a new position in Invesco S&P MidCap Low Volatility ETF during the 2nd quarter worth approximately $122,000. Citadel Advisors LLC acquired a new stake in shares of Invesco S&P MidCap Low Volatility ETF in the 2nd quarter valued at approximately $555,000. Finally, DORVAL Corp boosted its stake in shares of Invesco S&P MidCap Low Volatility ETF by 1.7% in the second quarter. DORVAL Corp now owns 266,274 shares of the company’s stock valued at $17,662,000 after buying an additional 4,543 shares in the last quarter.

Invesco S&P MidCap Low Volatility ETF Trading Down 0.1%

Shares of NYSEARCA XMLV traded down $0.06 during mid-day trading on Tuesday, reaching $63.75. The company had a trading volume of 10,714 shares, compared to its average volume of 22,188. The firm has a 50 day simple moving average of $66.35 and a two-hundred day simple moving average of $65.95. Invesco S&P MidCap Low Volatility ETF has a 52-week low of $60.96 and a 52-week high of $70.21. The stock has a market cap of $698.11 million, a P/E ratio of 18.75 and a beta of 0.68.

Invesco S&P MidCap Low Volatility ETF Company Profile

The Invesco S&P MidCap Low Volatility ETF (XMLV) is an exchange-traded fund that is based on the S&P MidCap 400 Low Volatility index. The fund tracks a volatility-weighted index of the 80 least volatile S&P 400 companies. XMLV was launched on Feb 15, 2013 and is managed by Invesco.