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

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 300 shares, a decrease of 94.2% from the May 31st total of 5,200 shares. Based on an average daily trading volume, of 6,800 shares, the days-to-cover ratio is presently 0.0 days.

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

A number of large investors have recently modified their holdings of the company. Truist Financial Corp raised its holdings in shares of Invesco S&P SmallCap Industrials ETF by 2.4% in the 4th quarter. Truist Financial Corp now owns 7,599 shares of the company’s stock worth $881,000 after purchasing an additional 180 shares during the period. Private Advisor Group LLC raised its holdings in shares of Invesco S&P SmallCap Industrials ETF by 2.4% in the 4th quarter. Private Advisor Group LLC now owns 10,357 shares of the company’s stock worth $1,201,000 after purchasing an additional 241 shares during the period. UBS Group AG raised its holdings in shares of Invesco S&P SmallCap Industrials ETF by 0.5% in the 3rd quarter. UBS Group AG now owns 51,249 shares of the company’s stock worth $5,097,000 after purchasing an additional 245 shares during the period. Janney Montgomery Scott LLC raised its holdings in shares of Invesco S&P SmallCap Industrials ETF by 1.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 23,839 shares of the company’s stock worth $3,024,000 after purchasing an additional 332 shares during the period. Finally, Raymond James & Associates raised its holdings in shares of Invesco S&P SmallCap Industrials ETF by 0.9% in the 1st quarter. Raymond James & Associates now owns 71,479 shares of the company’s stock worth $9,069,000 after purchasing an additional 604 shares during the period.

Invesco S&P SmallCap Industrials ETF Trading Up 0.4 %

Shares of Invesco S&P SmallCap Industrials ETF stock traded up $0.44 during trading hours on Thursday, reaching $119.83. The stock had a trading volume of 1,923 shares, compared to its average volume of 7,223. The firm has a 50 day simple moving average of $121.94 and a two-hundred day simple moving average of $119.12. The firm has a market capitalization of $184.54 million, a price-to-earnings ratio of 18.19 and a beta of 1.24. Invesco S&P SmallCap Industrials ETF has a 1 year low of $93.45 and a 1 year high of $127.62.

Invesco S&P SmallCap Industrials ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Stockholders of record on Monday, June 24th will be issued a $0.1428 dividend. The ex-dividend date of this dividend is Monday, June 24th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.48%.

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.