Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) Sees Significant Growth in Short Interest

Invesco S&P SmallCap 600 Pure Growth ETF (NYSEARCA:RZG) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 900 shares, an increase of 800.0% from the August 31st total of 100 shares. Based on an average daily volume of 2,900 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 2,900 shares, the days-to-cover ratio is presently 0.3 days.

Invesco S&P SmallCap 600 Pure Growth ETF Stock Up 0.1%

Shares of Invesco S&P SmallCap 600 Pure Growth ETF stock opened at $54.47 on Wednesday. Invesco S&P SmallCap 600 Pure Growth ETF has a twelve month low of $40.48 and a twelve month high of $56.15. The business has a 50-day moving average price of $53.15 and a 200-day moving average price of $49.80. The firm has a market cap of $105.13 million, a price-to-earnings ratio of 18.78 and a beta of 1.29.

Institutional Investors Weigh In On Invesco S&P SmallCap 600 Pure Growth ETF

Large investors have recently bought and sold shares of the business. Trust Co. of Toledo NA OH bought a new stake in Invesco S&P SmallCap 600 Pure Growth ETF during the second quarter worth approximately $49,000. Farther Finance Advisors LLC purchased a new stake in Invesco S&P SmallCap 600 Pure Growth ETF during the 1st quarter valued at $114,000. Jones Financial Companies Lllp lifted its position in Invesco S&P SmallCap 600 Pure Growth ETF by 1,260.7% in the first quarter. Jones Financial Companies Lllp now owns 4,014 shares of the company’s stock worth $188,000 after buying an additional 3,719 shares during the last quarter. Western Wealth Management LLC purchased a new position in Invesco S&P SmallCap 600 Pure Growth ETF during the second quarter worth $213,000. Finally, Raymond James Financial Inc. boosted its stake in Invesco S&P SmallCap 600 Pure Growth ETF by 59.2% during the second quarter. Raymond James Financial Inc. now owns 8,154 shares of the company’s stock worth $412,000 after buying an additional 3,033 shares during the period.

About Invesco S&P SmallCap 600 Pure Growth ETF

Guggenheim S&P SmallCap 600 Pure Growth ETF (the Fund) seeks to replicate as the performance of the S&P SmallCap 600 Pure Growth Index (the Index). The Fund invests in sectors, such as energy, consumer staples, industrials, financials, materials, healthcare, consumer discretionary, information technology and telecommunication services.