Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) Sees Large Decline in Short Interest

Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 500 shares, a decrease of 28.6% from the August 15th total of 700 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 1.0 days.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Trading Down 0.1%

NYSEARCA:QVMS opened at $28.02 on Tuesday. Invesco S&P SmallCap 600 QVM Multi-factor ETF has a 1 year low of $21.21 and a 1 year high of $29.90. The firm’s fifty day simple moving average is $27.01 and its 200 day simple moving average is $25.39. The firm has a market capitalization of $206.23 million, a PE ratio of 16.36 and a beta of 0.96.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Invesco S&P SmallCap 600 QVM Multi-factor ETF stock. Cobblestone Capital Advisors LLC NY grew its stake in Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) by 38.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 81,387 shares of the company’s stock after purchasing an additional 22,738 shares during the period. Cobblestone Capital Advisors LLC NY owned about 1.11% of Invesco S&P SmallCap 600 QVM Multi-factor ETF worth $2,004,000 as of its most recent SEC filing.

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.