Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV) Sees Significant Increase in Short Interest

Invesco S&P Emerging Markets Low Volatility ETF (NYSEARCA:EELV) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 41,740 shares, a growth of 224.5% from the August 31st total of 12,862 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 34,684 shares, the short-interest ratio is currently 1.2 days.

Hedge Funds Weigh In On Invesco S&P Emerging Markets Low Volatility ETF

A number of institutional investors have recently modified their holdings of EELV. Capital Analysts LLC lifted its holdings in Invesco S&P Emerging Markets Low Volatility ETF by 7.5% during the 2nd quarter. Capital Analysts LLC now owns 52,732 shares of the company’s stock worth $1,466,000 after buying an additional 3,687 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Invesco S&P Emerging Markets Low Volatility ETF in the second quarter worth about $93,000. RFG Advisory LLC raised its holdings in Invesco S&P Emerging Markets Low Volatility ETF by 1.5% during the 2nd quarter. RFG Advisory LLC now owns 28,109 shares of the company’s stock worth $781,000 after purchasing an additional 428 shares during the last quarter. First Heartland Consultants Inc. lifted its position in Invesco S&P Emerging Markets Low Volatility ETF by 79.4% during the 2nd quarter. First Heartland Consultants Inc. now owns 263,347 shares of the company’s stock valued at $7,321,000 after purchasing an additional 116,551 shares during the period. Finally, Israel Discount Bank of New York lifted its position in Invesco S&P Emerging Markets Low Volatility ETF by 25.8% during the 2nd quarter. Israel Discount Bank of New York now owns 50,181 shares of the company’s stock valued at $1,395,000 after purchasing an additional 10,306 shares during the period.

Invesco S&P Emerging Markets Low Volatility ETF Price Performance

Shares of NYSEARCA:EELV traded up $0.14 during midday trading on Friday, reaching $28.37. The company’s stock had a trading volume of 51,862 shares, compared to its average volume of 49,614. The business’s fifty day simple moving average is $28.72 and its 200-day simple moving average is $28.53. Invesco S&P Emerging Markets Low Volatility ETF has a fifty-two week low of $26.04 and a fifty-two week high of $29.97. The company has a market capitalization of $418.46 million, a P/E ratio of 12.64 and a beta of 0.42.

About Invesco S&P Emerging Markets Low Volatility ETF

The Invesco S&P Emerging Markets Low Volatility ETF (EELV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a volatility-weighted index of emerging markets firms. EELV was launched on Jan 13, 2012 and is managed by Invesco.