Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) Stock Short Interest Climbs 82.2%

Invesco S&P SmallCap 600 Revenue ETF (NYSEARCA:RWJ) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 105,101 shares, a growth of 82.2% from the September 15th total of 57,696 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 104,404 shares, the days-to-cover ratio is presently 1.0 days.

Invesco S&P SmallCap 600 Revenue ETF Stock Performance

Shares of Invesco S&P SmallCap 600 Revenue ETF stock opened at $56.55 on Thursday. Invesco S&P SmallCap 600 Revenue ETF has a one year low of $44.70 and a one year high of $62.86. The company has a market cap of $1.96 billion, a PE ratio of 13.17 and a beta of 1.10. The business has a 50-day simple moving average of $59.44 and a 200-day simple moving average of $57.69.

Institutional Trading of Invesco S&P SmallCap 600 Revenue ETF

Hedge funds have recently added to or reduced their stakes in the company. Independent Financial Group LLC purchased a new position in shares of Invesco S&P SmallCap 600 Revenue ETF in the 1st quarter valued at about $8,129,000. Bank of America Corp DE raised its holdings in Invesco S&P SmallCap 600 Revenue ETF by 8.4% during the first quarter. Bank of America Corp DE now owns 1,339,599 shares of the company’s stock worth $67,623,000 after purchasing an additional 104,300 shares in the last quarter. Patriot Financial Group Insurance Agency LLC boosted its holdings in shares of Invesco S&P SmallCap 600 Revenue ETF by 106.1% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 75,170 shares of the company’s stock valued at $3,795,000 after buying an additional 38,696 shares in the last quarter. Citadel Advisors LLC purchased a new position in shares of Invesco S&P SmallCap 600 Revenue ETF in the 2nd quarter valued at $1,756,000. Finally, Wellington Grp LLC grew its position in shares of Invesco S&P SmallCap 600 Revenue ETF by 4.7% in the 2nd quarter. Wellington Grp LLC now owns 508,130 shares of the company’s stock valued at $30,234,000 after buying an additional 22,684 shares during the last quarter.

About Invesco S&P SmallCap 600 Revenue ETF

The Invesco S&P SmallCap 600 Revenue ETF (RWJ) is an exchange-traded fund that is based on the S&P SmallCap 600 Revenue-Weighted index. The fund tracks an index of S&P SmallCap 600 Index stocks that are weighted by revenue. RWJ was launched on Feb 22, 2008 and is managed by Invesco.