Short Interest in Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) Declines By 90.0%

Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) saw a large drop in short interest in August. As of August 31st, there was short interest totaling 1 shares, a drop of 90.0% from the August 15th total of 10 shares. Based on an average daily trading volume, of 759 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Invesco S&P SmallCap 600 GARP ETF

A hedge fund recently bought a new position in Invesco S&P SmallCap 600 GARP ETF stock. Sankala Group LLC purchased a new position in Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,219 shares of the company’s stock, valued at approximately $35,000. Sankala Group LLC owned approximately 1.22% of Invesco S&P SmallCap 600 GARP ETF at the end of the most recent reporting period.

Invesco S&P SmallCap 600 GARP ETF Trading Down 0.3%

NYSEARCA:GRPZ traded down $0.11 during trading hours on Thursday, reaching $31.77. 1,540 shares of the company traded hands, compared to its average volume of 488. The business’s 50-day moving average price is $32.76 and its two-hundred day moving average price is $30.41. Invesco S&P SmallCap 600 GARP ETF has a 1 year low of $25.13 and a 1 year high of $33.86. The stock has a market capitalization of $3.18 million, a P/E ratio of 12.58 and a beta of 0.82.

About Invesco S&P SmallCap 600 GARP ETF

The Invesco S&P SmallCap 600 GARP ETF (GRPZ) is an exchange-traded fund that is based on the S&P SmallCap 600 GARP index. The fund tracks an index of US small-cap growth stocks that exhibit quality and value characteristics. GRPZ was launched on Mar 27, 2024 and is issued by Invesco.