Invesco S&P Spin-Off ETF (NYSEARCA:CSD) Short Interest Update

Invesco S&P Spin-Off ETF (NYSEARCA:CSD) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 14,449 shares, a decline of 22.3% from the November 30th total of 18,596 shares. Based on an average trading volume of 2,447 shares, the days-to-cover ratio is presently 5.9 days. Approximately 1.7% of the shares of the company are short sold. Approximately 1.7% of the shares of the company are short sold. Based on an average trading volume of 2,447 shares, the days-to-cover ratio is presently 5.9 days.

Invesco S&P Spin-Off ETF Trading Down 0.1%

Shares of CSD stock traded down $0.12 during mid-day trading on Tuesday, reaching $100.95. The stock had a trading volume of 595 shares, compared to its average volume of 3,217. The business’s fifty day moving average is $98.30 and its 200-day moving average is $91.78. The firm has a market cap of $84.80 million, a price-to-earnings ratio of 20.37 and a beta of 1.18. Invesco S&P Spin-Off ETF has a 1-year low of $63.06 and a 1-year high of $104.69.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Redmont Wealth Advisors LLC acquired a new position in Invesco S&P Spin-Off ETF during the third quarter valued at $42,000. Osaic Holdings Inc. lifted its holdings in shares of Invesco S&P Spin-Off ETF by 50.0% in the 2nd quarter. Osaic Holdings Inc. now owns 1,104 shares of the company’s stock valued at $93,000 after buying an additional 368 shares during the period. JPMorgan Chase & Co. purchased a new stake in shares of Invesco S&P Spin-Off ETF in the third quarter worth about $160,000. Raymond James Financial Inc. acquired a new stake in Invesco S&P Spin-Off ETF during the second quarter worth about $185,000. Finally, Ameriprise Financial Inc. acquired a new stake in Invesco S&P Spin-Off ETF during the second quarter worth about $211,000.

About Invesco S&P Spin-Off ETF

Guggenheim Spin-Off ETF, formerly Claymore/Beacon Spin-Off ETF, seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called the Beacon Spin-off Index (the Index). The Fund will invest at least 90% of its total assets in common stock, American depositary receipts (ADRs) and master limited partnerships (MLPs) that comprise the Index and depositary receipts representing common stocks included in the Index (or underlying securities representing ADRs included in the Index).