Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) Short Interest Up 419.2% in June

Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 9,092 shares, a growth of 419.2% from the June 15th total of 1,751 shares. Based on an average daily volume of 5,707 shares, the days-to-cover ratio is currently 1.6 days. Approximately 0.1% of the shares of the stock are sold short.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Price Performance

Shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF stock opened at $34.28 on Friday. The stock’s 50 day simple moving average is $33.14 and its 200-day simple moving average is $31.10. The stock has a market cap of $251.27 million, a P/E ratio of 16.36 and a beta of 1.00. Invesco S&P SmallCap 600 QVM Multi-factor ETF has a 1-year low of $25.42 and a 1-year high of $35.21.

Institutional Trading of Invesco S&P SmallCap 600 QVM Multi-factor ETF

Several large investors have recently added to or reduced their stakes in QVMS. Captrust Financial Advisors purchased a new stake in Invesco S&P SmallCap 600 QVM Multi-factor ETF in the 4th quarter valued at $2,355,000. LPL Financial LLC raised its holdings in shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF by 1.9% during the 4th quarter. LPL Financial LLC now owns 32,656 shares of the company’s stock worth $922,000 after acquiring an additional 614 shares during the period. Finally, Jane Street Group LLC purchased a new position in shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF during the 2nd quarter worth $226,000.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Company Profile

The Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market-cap-weighted index of small-cap companies in the US that exhibit quality, value and momentum factors. QVMS was launched on Jun 30, 2021 and is managed by Invesco.