Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) Stock Short Interest Jumps 154.7%

Invesco ESG S&P 500 Equal Weight ETF (NYSEARCA:RSPE) was the target of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 12,979 shares, an increase of 154.7% from the October 15th total of 5,095 shares. Based on an average trading volume of 11,553 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.6% of the shares of the stock are short sold.

Invesco ESG S&P 500 Equal Weight ETF Stock Performance

Shares of RSPE traded down $0.02 during mid-day trading on Friday, hitting $35.35. 11,476 shares of the stock were exchanged, compared to its average volume of 11,568. The company has a market cap of $76.00 million, a PE ratio of 21.47 and a beta of 0.95. Invesco ESG S&P 500 Equal Weight ETF has a 52-week low of $28.02 and a 52-week high of $36.10. The firm has a 50-day moving average of $34.41 and a two-hundred day moving average of $32.91.

Institutional Investors Weigh In On Invesco ESG S&P 500 Equal Weight ETF

Several large investors have recently bought and sold shares of RSPE. Pekin Hardy Strauss Inc. purchased a new stake in Invesco ESG S&P 500 Equal Weight ETF during the third quarter valued at $251,000. Commonwealth Equity Services LLC bought a new position in Invesco ESG S&P 500 Equal Weight ETF during the third quarter valued at $4,676,000. GRIMES & Co WEALTH MANAGEMENT LLC purchased a new position in shares of Invesco ESG S&P 500 Equal Weight ETF in the 3rd quarter worth $368,000. Bond & Devick Financial Network Inc. grew its stake in shares of Invesco ESG S&P 500 Equal Weight ETF by 54.9% in the 3rd quarter. Bond & Devick Financial Network Inc. now owns 24,836 shares of the company’s stock worth $831,000 after buying an additional 8,805 shares in the last quarter. Finally, Sepio Capital LP increased its holdings in shares of Invesco ESG S&P 500 Equal Weight ETF by 3.3% in the 3rd quarter. Sepio Capital LP now owns 22,858 shares of the company’s stock worth $765,000 after buying an additional 737 shares during the last quarter.

Invesco ESG S&P 500 Equal Weight ETF Company Profile

The Invesco ESG S&P 500 Equal Weight ETF (RSPE) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an equal-weighted index of S&P 500 companies that exhibit environmental, social, and governance (ESG) characteristics. RSPE was launched on Nov 17, 2021 and is managed by Invesco.