Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ) Sees Significant Growth in Short Interest

Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZGet Free Report) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 245 shares, an increase of 61.2% from the May 14th total of 152 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 439 shares, the days-to-cover ratio is presently 0.6 days.

Invesco S&P SmallCap 600 GARP ETF Price Performance

GRPZ stock remained flat at $30.70 during trading hours on Tuesday. 9 shares of the company’s stock were exchanged, compared to its average volume of 232. The company’s fifty day moving average is $29.50 and its 200-day moving average is $28.40. The company has a market capitalization of $3.07 million, a PE ratio of 12.58 and a beta of 0.91. Invesco S&P SmallCap 600 GARP ETF has a 12-month low of $24.45 and a 12-month high of $30.91.

Institutional Investors Weigh In On Invesco S&P SmallCap 600 GARP ETF

An institutional investor recently bought a new position in Invesco S&P SmallCap 600 GARP ETF stock. Sankala Group LLC bought a new stake in Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZFree Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 1,219 shares of the company’s stock, valued at approximately $35,000. Sankala Group LLC owned 1.22% of Invesco S&P SmallCap 600 GARP ETF as of its most recent filing with the SEC.

Invesco S&P SmallCap 600 GARP ETF Company Profile

(Get Free Report)

The Invesco S&P SmallCap 600 GARP ETF (GRPZ) is an exchange-traded fund that is based on the S&P SmallCap 600 GARP index. The fund tracks an index of US small-cap growth stocks that exhibit quality and value characteristics. GRPZ was launched on Mar 27, 2024 and is issued by Invesco.

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