Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) Short Interest Up 540.1% in December

Invesco S&P 500 Equal Weight Real Estate ETF (NYSEARCA:RSPR) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totaling 5,991 shares, an increase of 540.1% from the December 15th total of 936 shares. Based on an average daily trading volume, of 33,708 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 33,708 shares, the days-to-cover ratio is currently 0.2 days.

Invesco S&P 500 Equal Weight Real Estate ETF Trading Up 0.6%

Shares of RSPR traded up $0.20 during trading hours on Wednesday, reaching $34.23. 10,981 shares of the company’s stock traded hands, compared to its average volume of 13,596. Invesco S&P 500 Equal Weight Real Estate ETF has a 12 month low of $30.83 and a 12 month high of $37.23. The stock has a market cap of $99.59 million, a PE ratio of 37.16 and a beta of 1.03. The firm’s 50 day simple moving average is $33.68 and its 200-day simple moving average is $34.62.

Hedge Funds Weigh In On Invesco S&P 500 Equal Weight Real Estate ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of RSPR. Wealth Advisory Team LLC purchased a new stake in shares of Invesco S&P 500 Equal Weight Real Estate ETF during the 2nd quarter valued at $201,000. Duncan Williams Asset Management LLC bought a new position in Invesco S&P 500 Equal Weight Real Estate ETF in the second quarter valued at $234,000. Koshinski Asset Management Inc. raised its position in Invesco S&P 500 Equal Weight Real Estate ETF by 6.5% during the third quarter. Koshinski Asset Management Inc. now owns 7,453 shares of the company’s stock valued at $264,000 after purchasing an additional 454 shares in the last quarter. Evergreen Capital Management LLC bought a new stake in Invesco S&P 500 Equal Weight Real Estate ETF during the third quarter worth about $287,000. Finally, Walker Asset Management LLC boosted its holdings in shares of Invesco S&P 500 Equal Weight Real Estate ETF by 4.2% in the 3rd quarter. Walker Asset Management LLC now owns 8,393 shares of the company’s stock worth $298,000 after purchasing an additional 342 shares in the last quarter.

Invesco S&P 500 Equal Weight Real Estate ETF Company Profile

The Invesco S&P 500 Equal Weight Real Estate ETF (RSPR) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an equal-weighted index of US real estate equities selected from the S&P 500. The index excludes mortgage REITs and real estate management and development firms. RSPR was launched on Aug 13, 2015 and is managed by Invesco.