Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM) Short Interest Update

Posted by Teresa Graham on Mar 28th, 2025

Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM – Get Free Report) was the recipient of a large increase in short interest in March. As of March 15th, there was short interest totalling 1,700 shares, an increase of 183.3% from the February 28th total of 600 shares. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.7% of the shares of the stock are short sold.

Invesco S&P SmallCap Materials ETF Price Performance

NASDAQ:PSCM traded down $1.49 during trading hours on Friday, reaching $66.97. 461 shares of the company traded hands, compared to its average volume of 1,465. The firm’s 50-day moving average is $72.34 and its 200-day moving average is $76.23. The stock has a market cap of $12.72 million, a P/E ratio of 17.70 and a beta of 1.19. Invesco S&P SmallCap Materials ETF has a 1-year low of $66.90 and a 1-year high of $86.48.

Invesco S&P SmallCap Materials ETF Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be paid a dividend of $0.1361 per share. The ex-dividend date is Monday, March 24th.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in PSCM. Harbor Capital Advisors Inc. acquired a new stake in shares of Invesco S&P SmallCap Materials ETF during the 4th quarter worth about $219,000. Virtu Financial LLC boosted its position in Invesco S&P SmallCap Materials ETF by 35.1% during the fourth quarter. Virtu Financial LLC now owns 11,702 shares of the company’s stock worth $862,000 after acquiring an additional 3,042 shares during the last quarter. Finally, EP Wealth Advisors LLC acquired a new stake in Invesco S&P SmallCap Materials ETF during the fourth quarter worth approximately $128,000.

Invesco S&P SmallCap Materials ETF Company Profile

(Get Free Report)

PowerShares S&P SmallCap Materials Portfolio (the Fund) is based on the S&P SmallCap 600 Capped Materials Index (Index). The Index is designed to measure the overall performance of common stocks of United States basic materials companies. These companies are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals.