Short Interest in Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) Expands By 129.1%

Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJGet Free Report) was the recipient of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 57,793 shares, an increase of 129.1% from the May 14th total of 25,221 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 97,427 shares, the days-to-cover ratio is currently 0.6 days.

Hedge Funds Weigh In On Invesco S&P SmallCap 600 Revenue ETF

Institutional investors have recently modified their holdings of the company. Greenline Wealth Management LLC bought a new position in shares of Invesco S&P SmallCap 600 Revenue ETF during the fourth quarter worth about $31,000. Ameriflex Group Inc. bought a new position in shares of Invesco S&P SmallCap 600 Revenue ETF during the fourth quarter worth about $42,000. AlphaCore Capital LLC grew its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 341.4% during the fourth quarter. AlphaCore Capital LLC now owns 927 shares of the company’s stock worth $45,000 after acquiring an additional 717 shares during the last quarter. PNC Financial Services Group Inc. grew its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 913.5% during the third quarter. PNC Financial Services Group Inc. now owns 1,125 shares of the company’s stock worth $54,000 after acquiring an additional 1,014 shares during the last quarter. Finally, Lion Street Advisors LLC bought a new position in shares of Invesco S&P SmallCap 600 Revenue ETF during the third quarter worth about $110,000.

Invesco S&P SmallCap 600 Revenue ETF Price Performance

RWJ opened at $58.78 on Monday. The firm has a market cap of $1.92 billion, a price-to-earnings ratio of 13.17 and a beta of 1.08. Invesco S&P SmallCap 600 Revenue ETF has a fifty-two week low of $41.44 and a fifty-two week high of $59.17. The company’s 50-day moving average price is $54.92 and its 200 day moving average price is $52.37.

About Invesco S&P SmallCap 600 Revenue ETF

(Get Free Report)

The Invesco S&P SmallCap 600 Revenue ETF (RWJ) is an exchange-traded fund that is based on the S&P SmallCap 600 Revenue-Weighted index. The fund tracks an index of S&P SmallCap 600 Index stocks that are weighted by revenue. RWJ was launched on Feb 22, 2008 and is managed by Invesco.

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