Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) Sees Large Growth in Short Interest

Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) was the target of a large growth in short interest in February. As of February 27th, there was short interest totaling 274 shares, a growth of 188.4% from the February 12th total of 95 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 129 shares, the days-to-cover ratio is currently 2.1 days. Based on an average trading volume of 129 shares, the days-to-cover ratio is currently 2.1 days. Currently, 0.3% of the company’s stock are short sold.

Invesco S&P SmallCap 600 GARP ETF Stock Down 0.7%

Shares of Invesco S&P SmallCap 600 GARP ETF stock traded down $0.20 on Wednesday, reaching $27.28. The company’s stock had a trading volume of 113 shares, compared to its average volume of 260. Invesco S&P SmallCap 600 GARP ETF has a 52 week low of $20.55 and a 52 week high of $29.99. The firm’s fifty day simple moving average is $28.31 and its two-hundred day simple moving average is $27.29. The company has a market capitalization of $2.73 million, a price-to-earnings ratio of 12.58 and a beta of 1.12.

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

An institutional investor recently bought a new position in Invesco S&P SmallCap 600 GARP ETF stock. Sankala Group LLC bought a new stake in shares of Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,219 shares of the company’s stock, valued at approximately $35,000. Sankala Group LLC owned 1.22% of Invesco S&P SmallCap 600 GARP ETF as of its most recent filing with the Securities and Exchange Commission.

Invesco S&P SmallCap 600 GARP ETF Company Profile

The Invesco S&P SmallCap 600 GARP ETF (GRPZ) is an exchange-traded fund that is based on the S&P SmallCap 600 GARP index. The fund tracks an index of US small-cap growth stocks that exhibit quality and value characteristics. GRPZ was launched on Mar 27, 2024 and is issued by Invesco.