Invesco S&P Spin-Off ETF (NYSEARCA:CSD – Get Free Report) saw a large growth in short interest in October. As of October 30th, there was short interest totaling 3,947 shares, a growth of 174.9% from the October 15th total of 1,436 shares. Based on an average trading volume of 6,126 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the company’s stock are sold short.
Invesco S&P Spin-Off ETF Trading Down 1.1%
Shares of NYSEARCA:CSD opened at $129.85 on Friday. Invesco S&P Spin-Off ETF has a 52 week low of $91.45 and a 52 week high of $150.43. The company’s 50 day moving average is $128.18 and its two-hundred day moving average is $128.34. The company has a market cap of $211.66 million, a PE ratio of 21.47 and a beta of 1.15.
Institutional Investors Weigh In On Invesco S&P Spin-Off ETF
Several institutional investors have recently modified their holdings of CSD. Chicago Partners Investment Group LLC acquired a new position in shares of Invesco S&P Spin-Off ETF during the third quarter worth $7,044,000. Commonwealth Equity Services LLC purchased a new position in Invesco S&P Spin-Off ETF in the third quarter valued at $7,018,000. Brookstone Capital Management purchased a new position in Invesco S&P Spin-Off ETF in the third quarter valued at $5,527,000. Private Advisor Group LLC purchased a new position in Invesco S&P Spin-Off ETF in the third quarter valued at $4,990,000. Finally, SBI Okasan Asset Management Co.Ltd. acquired a new stake in Invesco S&P Spin-Off ETF in the third quarter valued at $3,133,000.
About Invesco S&P Spin-Off ETF
Guggenheim Spin-Off ETF, formerly Claymore/Beacon Spin-Off ETF, seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called the Beacon Spin-off Index (the Index). The Fund will invest at least 90% of its total assets in common stock, American depositary receipts (ADRs) and master limited partnerships (MLPs) that comprise the Index and depositary receipts representing common stocks included in the Index (or underlying securities representing ADRs included in the Index).
Further Reading
- Five stocks we like better than Invesco S&P Spin-Off ETF
- Checkmate for AI Chips? NVIDIA’s Crisis Opens the Board
- Can NVIDIA Maintain Its Momentum Without Huang?
- Six Flags Lost $366 Million in Q3—Its Insiders Just Went Shopping
- What Went Wrong With Amprius Technologies’ Q3? Less Than You’d Think
Receive News & Ratings for Invesco S&P Spin-Off ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P Spin-Off ETF and related companies with MarketBeat.com's FREE daily email newsletter.
