Short Interest in Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Decreases By 54.4%

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 3,100 shares, a decline of 54.4% from the February 13th total of 6,800 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 10,900 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Jones Financial Companies Lllp raised its holdings in Invesco S&P SmallCap Industrials ETF by 542.5% in the 4th quarter. Jones Financial Companies Lllp now owns 257 shares of the company’s stock worth $35,000 after acquiring an additional 217 shares during the last quarter. Avion Wealth purchased a new position in shares of Invesco S&P SmallCap Industrials ETF in the fourth quarter worth $67,000. Savant Capital LLC bought a new position in shares of Invesco S&P SmallCap Industrials ETF during the fourth quarter valued at $214,000. Gladstone Institutional Advisory LLC bought a new position in shares of Invesco S&P SmallCap Industrials ETF during the fourth quarter valued at $226,000. Finally, Elm3 Financial Group LLC purchased a new stake in shares of Invesco S&P SmallCap Industrials ETF during the fourth quarter valued at $245,000.

Invesco S&P SmallCap Industrials ETF Stock Up 2.6 %

Shares of NASDAQ PSCI traded up $3.05 during trading on Friday, reaching $121.60. The company had a trading volume of 2,683 shares, compared to its average volume of 7,783. Invesco S&P SmallCap Industrials ETF has a 12-month low of $117.43 and a 12-month high of $150.72. The business’s 50-day moving average is $134.62 and its 200 day moving average is $135.08. The stock has a market cap of $193.35 million, a PE ratio of 22.64 and a beta of 1.24.

Invesco S&P SmallCap Industrials ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.2373 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.