Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Sees Significant Decrease in Short Interest

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 226 shares, a drop of 48.8% from the May 31st total of 441 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 5,571 shares, the short-interest ratio is presently 0.0 days.

Invesco S&P SmallCap Industrials ETF Trading Down 2.0%

Shares of Invesco S&P SmallCap Industrials ETF stock traded down $3.61 on Thursday, reaching $179.90. 7,780 shares of the company were exchanged, compared to its average volume of 5,378. The company has a market capitalization of $185.30 million, a price-to-earnings ratio of 23.47 and a beta of 1.13. Invesco S&P SmallCap Industrials ETF has a one year low of $135.69 and a one year high of $186.90. The company has a 50-day moving average of $173.13 and a 200 day moving average of $165.72.

Invesco S&P SmallCap Industrials ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.196 per share. The ex-dividend date was Monday, June 22nd. This represents a $0.78 annualized dividend and a dividend yield of 0.4%.

Hedge Funds Weigh In On Invesco S&P SmallCap Industrials ETF

A number of institutional investors have recently bought and sold shares of PSCI. Jane Street Group LLC acquired a new position in shares of Invesco S&P SmallCap Industrials ETF during the 1st quarter worth approximately $802,000. Envestnet Asset Management Inc. bought a new stake in Invesco S&P SmallCap Industrials ETF in the 3rd quarter valued at about $213,000. JPMorgan Chase & Co. grew its position in Invesco S&P SmallCap Industrials ETF by 5.3% during the third quarter. JPMorgan Chase & Co. now owns 2,039 shares of the company’s stock worth $305,000 after buying an additional 103 shares in the last quarter. Virtu Financial LLC grew its holdings in shares of Invesco S&P SmallCap Industrials ETF by 7.8% during the 3rd quarter. Virtu Financial LLC now owns 6,882 shares of the company’s stock worth $1,028,000 after purchasing an additional 495 shares in the last quarter. Finally, Bank of America Corp DE increased its holdings in Invesco S&P SmallCap Industrials ETF by 3.5% in the 3rd quarter. Bank of America Corp DE now owns 155,500 shares of the company’s stock valued at $23,238,000 after buying an additional 5,226 shares during the period.

Invesco S&P SmallCap Industrials ETF Company Profile

PowerShares S&P SmallCap Industrials Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called the S&P SmallCap 600 Capped Industrials Index (the Underlying Index). The Underlying Index consists of common stocks of the United States industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.