Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Short Interest Update

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 2,761 shares, a growth of 1,121.7% from the June 15th total of 226 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 4,573 shares, the days-to-cover ratio is presently 0.6 days.

Invesco S&P SmallCap Industrials ETF Trading Down 0.4%

PSCI stock traded down $0.67 during midday trading on Friday, reaching $177.26. 3,428 shares of the company’s stock traded hands, compared to its average volume of 5,310. Invesco S&P SmallCap Industrials ETF has a 52-week low of $136.18 and a 52-week high of $186.90. The stock has a market cap of $182.58 million, a P/E ratio of 23.47 and a beta of 1.14. The stock’s 50-day moving average is $174.36 and its 200 day moving average is $166.83.

Invesco S&P SmallCap Industrials ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a dividend of $0.196 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $0.78 dividend on an annualized basis 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 the stock. Farther Finance Advisors LLC lifted its position in Invesco S&P SmallCap Industrials ETF by 133.3% during the fourth quarter. Farther Finance Advisors LLC now owns 700 shares of the company’s stock valued at $105,000 after purchasing an additional 400 shares in the last quarter. Envestnet Asset Management Inc. purchased a new stake in Invesco S&P SmallCap Industrials ETF in the third quarter worth about $213,000. Novak & Powell Financial Services Inc. purchased a new stake in Invesco S&P SmallCap Industrials ETF in the third quarter worth about $219,000. JPMorgan Chase & Co. raised its stake in shares of Invesco S&P SmallCap Industrials ETF by 5.3% in 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 during the period. Finally, MML Investors Services LLC raised its stake in shares of Invesco S&P SmallCap Industrials ETF by 6.0% in the fourth quarter. MML Investors Services LLC now owns 4,826 shares of the company’s stock worth $724,000 after buying an additional 274 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.