Short Interest in Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) Expands By 168.0%

Invesco S&P MidCap Quality ETF (NYSEARCA:XMHQ) was the target of a significant increase in short interest in January. As of January 30th, there was short interest totaling 51,859 shares, an increase of 168.0% from the January 15th total of 19,351 shares. Based on an average daily volume of 249,940 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 249,940 shares, the days-to-cover ratio is presently 0.2 days.

Invesco S&P MidCap Quality ETF Trading Up 1.0%

XMHQ stock traded up $1.02 during mid-day trading on Friday, hitting $107.29. The stock had a trading volume of 397,047 shares, compared to its average volume of 270,382. The firm has a fifty day simple moving average of $106.07 and a 200 day simple moving average of $104.35. The firm has a market capitalization of $5.30 billion, a P/E ratio of 16.29 and a beta of 1.04. Invesco S&P MidCap Quality ETF has a 52 week low of $80.60 and a 52 week high of $109.79.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new stake in shares of Invesco S&P MidCap Quality ETF in the 1st quarter valued at $1,793,000. Johnson Investment Counsel Inc. lifted its position in shares of Invesco S&P MidCap Quality ETF by 4.5% during the 2nd quarter. Johnson Investment Counsel Inc. now owns 3,678 shares of the company’s stock worth $361,000 after buying an additional 158 shares during the last quarter. CWM LLC boosted its stake in Invesco S&P MidCap Quality ETF by 18.6% in the second quarter. CWM LLC now owns 12,678 shares of the company’s stock valued at $1,245,000 after buying an additional 1,987 shares in the last quarter. Brown Financial Advisory boosted its stake in Invesco S&P MidCap Quality ETF by 23.5% in the second quarter. Brown Financial Advisory now owns 4,229 shares of the company’s stock valued at $415,000 after buying an additional 804 shares in the last quarter. Finally, Harbour Investments Inc. grew its position in Invesco S&P MidCap Quality ETF by 17.4% in the second quarter. Harbour Investments Inc. now owns 61,949 shares of the company’s stock valued at $6,086,000 after acquiring an additional 9,164 shares during the last quarter.

Invesco S&P MidCap Quality ETF Company Profile

The Invesco S&P MidCap Quality ETF (XMHQ) is an exchange-traded fund that is based on the S&P MidCap 400 Quality index. The fund tracks the S&P mid-cap 400 Quality Index, which screens stocks based on fundamental factors and weights them using a multi-factor approach. XMHQ was launched on Dec 1, 2006 and is managed by Invesco.