Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) Short Interest Update

Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 5,274 shares, a growth of 111.0% from the April 15th total of 2,500 shares. Based on an average trading volume of 59,978 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.3% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. First Growth Capital LLC raised its holdings in shares of Invesco S&P SmallCap Energy ETF by 7.4% in the 1st quarter. First Growth Capital LLC now owns 9,371 shares of the company’s stock valued at $554,000 after purchasing an additional 649 shares in the last quarter. Parr Mcknight Wealth Management Group LLC acquired a new position in Invesco S&P SmallCap Energy ETF during the 1st quarter valued at approximately $457,000. Kestra Advisory Services LLC increased its stake in Invesco S&P SmallCap Energy ETF by 1.0% during the 1st quarter. Kestra Advisory Services LLC now owns 16,178 shares of the company’s stock valued at $986,000 after purchasing an additional 159 shares in the last quarter. Walkner Condon Financial Advisors LLC raised its holdings in shares of Invesco S&P SmallCap Energy ETF by 15.8% in the first quarter. Walkner Condon Financial Advisors LLC now owns 5,796 shares of the company’s stock worth $343,000 after buying an additional 790 shares during the last quarter. Finally, Cetera Investment Advisers acquired a new stake in shares of Invesco S&P SmallCap Energy ETF during the fourth quarter worth $204,000.

Invesco S&P SmallCap Energy ETF Trading Up 0.4%

NASDAQ:PSCE traded up $0.25 during midday trading on Friday, hitting $62.20. 23,026 shares of the company traded hands, compared to its average volume of 47,979. The firm’s fifty day moving average is $60.00 and its 200-day moving average is $51.41. Invesco S&P SmallCap Energy ETF has a 12-month low of $36.01 and a 12-month high of $64.17. The firm has a market capitalization of $120.05 million, a P/E ratio of 9.69 and a beta of 0.75.

Invesco S&P SmallCap Energy ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were paid a dividend of $0.3347 per share. This is an increase from Invesco S&P SmallCap Energy ETF’s previous quarterly dividend of $0.30. This represents a $1.34 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Monday, March 23rd.

About Invesco S&P SmallCap Energy ETF

PowerShares S&P SmallCap Energy 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 Energy Index (the Underlying Index). The Underlying Index consists of common stocks of the United States energy companies that are principally engaged in the business of producing, distributing or servicing energy-related products, including oil and gas exploration and production, refining, oil services, pipeline, and solar, wind and other non-oil-based energy.