Invesco S&P SmallCap High Dividend Low Volatility ETF (BATS:XSHD) Sees Significant Increase in Short Interest

Invesco S&P SmallCap High Dividend Low Volatility ETF (BATS:XSHD) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 53,745 shares, an increase of 569.7% from the April 30th total of 8,025 shares. Approximately 1.0% of the shares of the company are short sold. Based on an average daily volume of 25,270 shares, the short-interest ratio is currently 2.1 days.

Invesco S&P SmallCap High Dividend Low Volatility ETF Trading Up 0.4%

XSHD opened at $13.60 on Thursday. The stock’s 50 day simple moving average is $13.40 and its 200-day simple moving average is $13.28. Invesco S&P SmallCap High Dividend Low Volatility ETF has a 1 year low of $12.30 and a 1 year high of $13.99. The stock has a market cap of $73.71 million, a PE ratio of 13.06 and a beta of 1.02.

Hedge Funds Weigh In On Invesco S&P SmallCap High Dividend Low Volatility ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Eagle Bluffs Wealth Management LLC lifted its stake in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF by 14.7% during the fourth quarter. Eagle Bluffs Wealth Management LLC now owns 12,119 shares of the company’s stock valued at $155,000 after acquiring an additional 1,554 shares during the period. Cowa LLC grew its holdings in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF by 68.1% during the fourth quarter. Cowa LLC now owns 53,380 shares of the company’s stock worth $684,000 after buying an additional 21,620 shares in the last quarter. Indivisible Partners bought a new position in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF during the fourth quarter worth about $144,000. Concord Asset Management LLC VA grew its holdings in shares of Invesco S&P SmallCap High Dividend Low Volatility ETF by 2.9% during the fourth quarter. Concord Asset Management LLC VA now owns 146,937 shares of the company’s stock worth $1,882,000 after buying an additional 4,162 shares in the last quarter. Finally, Concord Wealth Partners boosted its position in Invesco S&P SmallCap High Dividend Low Volatility ETF by 3.0% during the fourth quarter. Concord Wealth Partners now owns 147,199 shares of the company’s stock valued at $1,886,000 after purchasing an additional 4,227 shares during the last quarter.

About Invesco S&P SmallCap High Dividend Low Volatility ETF

The Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a dividend-yield-weighted index of the 60 least volatile stocks chosen from a list of the 90 highest-yielding US small-cap stocks. XSHD was launched on Dec 1, 2016 and is managed by Invesco.