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 increase in short interest in July. As of July 31st, there was short interest totalling 17,300 shares, an increase of 1,230.8% from the July 15th total of 1,300 shares. Based on an average daily volume of 7,500 shares, the short-interest ratio is currently 2.3 days.

Invesco S&P SmallCap Industrials ETF Stock Performance

NASDAQ:PSCI traded down $0.68 during mid-day trading on Wednesday, hitting $122.61. 2,398 shares of the company’s stock traded hands, compared to its average volume of 7,598. The company has a fifty day moving average of $123.60 and a 200 day moving average of $122.01. Invesco S&P SmallCap Industrials ETF has a twelve month low of $93.45 and a twelve month high of $136.28. The company has a market capitalization of $182.69 million, a P/E ratio of 18.19 and a beta of 1.24.

Invesco S&P SmallCap Industrials ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were issued a dividend of $0.1428 per share. The ex-dividend date of this dividend was Monday, June 24th. This represents a $0.57 annualized dividend and a dividend yield of 0.47%.

Institutional Trading of Invesco S&P SmallCap Industrials ETF

A number of institutional investors have recently bought and sold shares of PSCI. Harbor Capital Advisors Inc. acquired a new position in Invesco S&P SmallCap Industrials ETF during the 2nd quarter valued at approximately $73,000. TFG Advisers LLC purchased a new stake in shares of Invesco S&P SmallCap Industrials ETF during the fourth quarter valued at $225,000. Cookson Peirce & Co. Inc. acquired a new position in shares of Invesco S&P SmallCap Industrials ETF in the 4th quarter valued at $225,000. Stratos Wealth Partners LTD. acquired a new position in shares of Invesco S&P SmallCap Industrials ETF in the 4th quarter valued at $225,000. Finally, Novak & Powell Financial Services Inc. purchased a new position in Invesco S&P SmallCap Industrials ETF in the 4th quarter worth $236,000.

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.