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

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) was the recipient of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 380 shares, a decrease of 25.9% from the January 29th total of 513 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 10,317 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 10,317 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the company’s stock are short sold.

Invesco S&P SmallCap Financials ETF Trading Up 1.4%

PSCF stock traded up $0.80 during mid-day trading on Monday, hitting $59.89. 6,735 shares of the company were exchanged, compared to its average volume of 7,698. The firm has a fifty day simple moving average of $59.61 and a 200 day simple moving average of $58.00. The company has a market capitalization of $22.16 million, a PE ratio of 15.25 and a beta of 1.02. Invesco S&P SmallCap Financials ETF has a twelve month low of $45.14 and a twelve month high of $62.20.

Invesco S&P SmallCap Financials ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were issued a $0.2941 dividend. This represents a $1.18 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Monday, December 22nd.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of PSCF. Virtu Financial LLC increased its holdings in shares of Invesco S&P SmallCap Financials ETF by 4.4% in the 4th quarter. Virtu Financial LLC now owns 7,214 shares of the company’s stock valued at $415,000 after acquiring an additional 306 shares during the last quarter. LPL Financial LLC raised its holdings in shares of Invesco S&P SmallCap Financials ETF by 5.9% during the fourth quarter. LPL Financial LLC now owns 5,472 shares of the company’s stock worth $315,000 after purchasing an additional 306 shares during the period. Founders Financial Alliance LLC bought a new position in shares of Invesco S&P SmallCap Financials ETF in the 3rd quarter worth about $32,000. Tower Research Capital LLC TRC grew its position in shares of Invesco S&P SmallCap Financials ETF by 13.5% during the 3rd quarter. Tower Research Capital LLC TRC now owns 10,635 shares of the company’s stock valued at $610,000 after buying an additional 1,263 shares during the last quarter. Finally, Harbor Capital Advisors Inc. raised its stake in Invesco S&P SmallCap Financials ETF by 4.9% during the fourth quarter. Harbor Capital Advisors Inc. now owns 32,850 shares of the company’s stock worth $1,889,000 after acquiring an additional 1,545 shares during the period.

Invesco S&P SmallCap Financials ETF Company Profile

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. The Underlying Index is compiled, maintained and calculated by Standard & Poor’s Financial Services LLC (Standard & Poor’s).