Short Interest in Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) Rises By 25.2%

Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 179,200 shares, a growth of 25.2% from the October 15th total of 143,100 shares. Based on an average daily trading volume, of 418,300 shares, the days-to-cover ratio is currently 0.4 days.

Invesco PHLX Semiconductor ETF Price Performance

Invesco PHLX Semiconductor ETF stock opened at $39.43 on Friday. Invesco PHLX Semiconductor ETF has a fifty-two week low of $28.71 and a fifty-two week high of $46.82. The firm’s 50 day simple moving average is $40.14 and its 200-day simple moving average is $40.61. The company has a market cap of $492.09 million, a P/E ratio of 29.37 and a beta of 1.56.

Invesco PHLX Semiconductor ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a dividend of $0.068 per share. This represents a $0.27 annualized dividend and a yield of 0.69%. This is a boost from Invesco PHLX Semiconductor ETF’s previous quarterly dividend of $0.06. The ex-dividend date was Monday, September 23rd.

Institutional Trading of Invesco PHLX Semiconductor ETF

Large investors have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC purchased a new position in shares of Invesco PHLX Semiconductor ETF during the first quarter valued at $297,000. Envestnet Portfolio Solutions Inc. purchased a new position in Invesco PHLX Semiconductor ETF during the 1st quarter valued at about $251,000. Avantax Advisory Services Inc. acquired a new position in shares of Invesco PHLX Semiconductor ETF in the 1st quarter valued at about $1,252,000. Jane Street Group LLC acquired a new position in shares of Invesco PHLX Semiconductor ETF in the 1st quarter valued at about $7,190,000. Finally, Bright Futures Wealth Management LLC. purchased a new stake in shares of Invesco PHLX Semiconductor ETF in the first quarter worth approximately $957,000.

Invesco PHLX Semiconductor ETF Company Profile

The Invesco PHLX Semiconductor ETF (SOXQ) is an exchange-traded fund that is based on the PHLX / Semiconductor index, a modified market-cap-weighted index of 30 US-listed semiconductor companies. SOXQ was launched on Jun 11, 2021 and is managed by Invesco.