Alger Russell Innovation ETF (NYSEARCA:INVN) Short Interest Up 343.9% in June

Alger Russell Innovation ETF (NYSEARCA:INVN – Get Free Report) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,132 shares, an increase of 343.9% from the June 15th total of 255 shares. Based on an average daily volume of 1,360 shares, the short-interest ratio is currently 0.8 days. Currently, 0.3% of the shares of the company are short sold.

Alger Russell Innovation ETF Price Performance

Shares of INVN opened at $22.90 on Tuesday. The company’s 50-day moving average is $21.24 and its 200-day moving average is $20.34. The firm has a market capitalization of $10.30 million, a PE ratio of -39.48 and a beta of 0.89. Alger Russell Innovation ETF has a fifty-two week low of $17.75 and a fifty-two week high of $23.06.

Get Alger Russell Innovation ETF alerts:

About Alger Russell Innovation ETF

(Get Free Report)

The Alger Russell Innovation ETF (INVN) is an exchange-traded fund that is based on the Alger Russell Innovation index. The fund tracks an equal-weighted index of 50 US stocks selected from the Russell 1000 through a fundamental approach. The fund seeks to identify companies at the forefront of innovation. INVN was launched on Jan 6, 2025 and is issued by Alger.

Featured Stories

• Five stocks we like better than Alger Russell Innovation ETF
• Wedbush Pounds the Table—Buy Sandisk Before August 5 Earnings
• Insiders Sell 2 AI Enablers: Investors Can Buy Into Their Futures
• Beyond the Foundry: 5 Infrastructure Stocks Tackling the AI Bottlenecks
• These 3 Stocks Are Beating the Market in 2026 and Just Announced Hefty Dividend Increases

Receive News & Ratings for Alger Russell Innovation ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alger Russell Innovation ETF and related companies with MarketBeat.com's FREE daily email newsletter.