Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) Short Interest Update

Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totaling 461 shares, a drop of 42.2% from the June 30th total of 797 shares. Based on an average daily trading volume, of 1,127 shares, the short-interest ratio is presently 0.4 days. Currently, 0.5% of the company’s stock are sold short.

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

A hedge fund recently bought a new position in Invesco S&P SmallCap 600 GARP ETF stock. Sankala Group LLC purchased a new position in shares of Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,219 shares of the company’s stock, valued at approximately $35,000. Sankala Group LLC owned about 1.22% of Invesco S&P SmallCap 600 GARP ETF as of its most recent SEC filing.

Invesco S&P SmallCap 600 GARP ETF Stock Performance

GRPZ stock remained flat at $32.95 during mid-day trading on Wednesday. The company’s stock had a trading volume of 224 shares, compared to its average volume of 492. The company has a fifty day simple moving average of $31.09 and a 200 day simple moving average of $29.41. Invesco S&P SmallCap 600 GARP ETF has a fifty-two week low of $24.81 and a fifty-two week high of $33.39. The firm has a market cap of $3.30 million, a PE ratio of 12.58 and a beta of 0.83.

About Invesco S&P SmallCap 600 GARP ETF

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.