Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) Short Interest Update

Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) was the target of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 1,921 shares, a decrease of 56.5% from the July 30th total of 4,420 shares. Based on an average daily volume of 835 shares, the days-to-cover ratio is presently 2.3 days. Approximately 0.0% of the shares of the stock are short sold.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Trading Down 0.8%

Shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF stock traded down $0.29 during mid-day trading on Friday, reaching $34.13. 61 shares of the stock were exchanged, compared to its average volume of 1,334. The company has a market cap of $250.17 million, a price-to-earnings ratio of 16.36 and a beta of 1.00. The firm has a 50-day simple moving average of $34.51 and a 200 day simple moving average of $32.32. Invesco S&P SmallCap 600 QVM Multi-factor ETF has a fifty-two week low of $26.45 and a fifty-two week high of $35.42.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Captrust Financial Advisors bought a new stake in Invesco S&P SmallCap 600 QVM Multi-factor ETF during the 4th quarter worth approximately $2,355,000. LPL Financial LLC raised its position in Invesco S&P SmallCap 600 QVM Multi-factor ETF by 1.9% in the 4th quarter. LPL Financial LLC now owns 32,656 shares of the company’s stock valued at $922,000 after purchasing an additional 614 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in Invesco S&P SmallCap 600 QVM Multi-factor ETF in the 2nd quarter valued at $226,000.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Company Profile

The Invesco S&P SmallCap 600 QVM Multi-factor ETF (QVMS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market-cap-weighted index of small-cap companies in the US that exhibit quality, value and momentum factors. QVMS was launched on Jun 30, 2021 and is managed by Invesco.