Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) Sees Significant Drop in Short Interest

Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 379 shares, a decrease of 80.3% from the August 31st total of 1,924 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 1,201 shares, the short-interest ratio is currently 0.3 days.

Invesco S&P SmallCap 600 QVM Multi-factor ETF Stock Up 0.4%

Shares of Invesco S&P SmallCap 600 QVM Multi-factor ETF stock traded up $0.14 on Friday, hitting $32.56. 66 shares of the company were exchanged, compared to its average volume of 1,333. The company has a 50-day moving average price of $34.06 and a 200 day moving average price of $32.69. The stock has a market capitalization of $238.34 million, a price-to-earnings ratio of 16.36 and a beta of 1.00. Invesco S&P SmallCap 600 QVM Multi-factor ETF has a 1-year low of $26.45 and a 1-year high of $35.42.

Institutional Trading of Invesco S&P SmallCap 600 QVM Multi-factor ETF

A hedge fund recently bought a new position in Invesco S&P SmallCap 600 QVM Multi-factor ETF stock. Integrated Wealth Concepts LLC bought a new position in Invesco S&P SmallCap 600 QVM Multi-factor ETF (NYSEARCA:QVMS) in the second quarter, according to its most recent disclosure with the SEC. The firm bought 850 shares of the company’s stock, valued at approximately $30,000.

About Invesco S&P SmallCap 600 QVM Multi-factor ETF

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.