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Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ - Get Free Report) was the recipient of a significant decline in short interest in January. As of January 30th, there was short interest totaling 236 shares, a decline of 15.1% from the January 15th total of 278 shares. Based on an average daily volume of 163 shares,
Invesco S&P SmallCap 600 GARP ETF (NYSEARCA:GRPZ - Get Free Report) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 290 shares, a decline of 18.1% from the December 15th total of 354 shares. Currently, 0.3% of the shares of the company are
The anticipation of interest rate cuts may skew equities market strength toward the upside. But interest rate news will continue to sway small-cap indexes.
On Wednesday, Invesco rolled out a new addition to its exchange traded fund library with the launch of the Invesco S&P SmallCap 600 GARP ETF (NYSE Arca: GRPZ), a fund that implements a factor-based strategy. GRPZ has a net expense ratio of 0.35%.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.