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

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 728 shares, a decrease of 81.4% from the July 15th total of 3,923 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 4,884 shares, the short-interest ratio is presently 0.1 days.

Invesco S&P SmallCap Industrials ETF Price Performance

PSCI stock traded up $1.69 during midday trading on Friday, hitting $183.93. The stock had a trading volume of 1,573 shares, compared to its average volume of 5,131. The firm has a market cap of $194.97 million, a PE ratio of 23.47 and a beta of 1.14. Invesco S&P SmallCap Industrials ETF has a 12-month low of $138.89 and a 12-month high of $187.05. The company’s 50-day moving average price is $179.41 and its 200 day moving average price is $170.60.

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 issued 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

Several institutional investors have recently added to or reduced their stakes in the business. Parr Mcknight Wealth Management Group LLC acquired a new stake in Invesco S&P SmallCap Industrials ETF in the 1st quarter worth about $1,547,000. Hohimer Wealth Management LLC acquired a new position in shares of Invesco S&P SmallCap Industrials ETF during the 4th quarter valued at about $1,098,000. Jane Street Group LLC purchased a new position in shares of Invesco S&P SmallCap Industrials ETF during the 1st quarter worth about $802,000. Bank of America Corp DE lifted its holdings in shares of Invesco S&P SmallCap Industrials ETF by 3.9% during the 1st quarter. Bank of America Corp DE now owns 161,114 shares of the company’s stock worth $24,913,000 after acquiring an additional 6,005 shares during the period. Finally, Independent Wealth Network Inc. purchased a new position in shares of Invesco S&P SmallCap Industrials ETF during the 1st quarter worth about $835,000.

About Invesco S&P SmallCap Industrials ETF

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.