Invesco S&P SmallCap Quality ETF (BATS:XSHQ) Sees Large Decrease in Short Interest

Invesco S&P SmallCap Quality ETF (BATS:XSHQ) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 5,799 shares, a drop of 86.8% from the April 30th total of 43,785 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 19,928 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Invesco S&P SmallCap Quality ETF

A number of hedge funds and other institutional investors have recently modified their holdings of XSHQ. Larson Financial Group LLC grew its holdings in Invesco S&P SmallCap Quality ETF by 4.7% during the third quarter. Larson Financial Group LLC now owns 552,120 shares of the company’s stock worth $23,758,000 after acquiring an additional 24,665 shares during the period. Breakwater Capital Group grew its holdings in Invesco S&P SmallCap Quality ETF by 7.7% during the third quarter. Breakwater Capital Group now owns 206,216 shares of the company’s stock worth $8,873,000 after acquiring an additional 14,793 shares during the period. Private Advisory Group LLC grew its holdings in Invesco S&P SmallCap Quality ETF by 53.9% during the third quarter. Private Advisory Group LLC now owns 118,990 shares of the company’s stock worth $5,120,000 after acquiring an additional 41,670 shares during the period. Consolidated Portfolio Review Corp increased its stake in Invesco S&P SmallCap Quality ETF by 29.9% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 17,933 shares of the company’s stock worth $772,000 after purchasing an additional 4,123 shares in the last quarter. Finally, EverSource Wealth Advisors LLC purchased a new position in Invesco S&P SmallCap Quality ETF in the 3rd quarter worth about $85,000.

Invesco S&P SmallCap Quality ETF Stock Performance

XSHQ stock opened at $46.13 on Thursday. The stock has a market capitalization of $365.81 million, a price-to-earnings ratio of 14.16 and a beta of 1.00. Invesco S&P SmallCap Quality ETF has a 1 year low of $39.32 and a 1 year high of $46.60. The stock’s fifty day moving average is $44.15 and its two-hundred day moving average is $43.53.

Invesco S&P SmallCap Quality ETF Company Profile

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.