Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) Short Interest Update

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) was the target of a significant growth in short interest in February. As of February 15th, there was short interest totalling 900 shares, a growth of 50.0% from the January 31st total of 600 shares. Based on an average daily trading volume, of 3,300 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On Invesco S&P SmallCap Financials ETF

A number of large investors have recently added to or reduced their stakes in PSCF. Jones Financial Companies Lllp grew its position in Invesco S&P SmallCap Financials ETF by 343.9% during the fourth quarter. Jones Financial Companies Lllp now owns 1,021 shares of the company’s stock worth $56,000 after buying an additional 791 shares in the last quarter. J2 Capital Management Inc acquired a new stake in shares of Invesco S&P SmallCap Financials ETF in the 4th quarter valued at $257,000. Harbor Capital Advisors Inc. boosted its holdings in shares of Invesco S&P SmallCap Financials ETF by 17.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 4,699 shares of the company’s stock valued at $260,000 after purchasing an additional 688 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Invesco S&P SmallCap Financials ETF in the 4th quarter valued at $290,000. Finally, Bank of America Corp DE boosted its holdings in shares of Invesco S&P SmallCap Financials ETF by 34.0% in the 4th quarter. Bank of America Corp DE now owns 5,290 shares of the company’s stock valued at $293,000 after purchasing an additional 1,341 shares in the last quarter.

Invesco S&P SmallCap Financials ETF Price Performance

Shares of NASDAQ:PSCF opened at $54.05 on Wednesday. The company has a market capitalization of $18.92 million, a P/E ratio of 16.41 and a beta of 1.03. Invesco S&P SmallCap Financials ETF has a 1 year low of $44.43 and a 1 year high of $62.24. The business’s 50 day simple moving average is $55.73 and its 200 day simple moving average is $56.35.

Invesco S&P SmallCap Financials ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $0.5416 per share. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco S&P SmallCap Financials ETF

PowerShares S&P SmallCap Financials Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the index called the S&P SmallCap 600 Capped Financials Index (the Underlying Index). The Underlying Index consists of common stocks of the United States financial service companies that are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services.