Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Short Interest Update

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 2,761 shares, an increase of 1,121.7% from the June 15th total of 226 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 4,573 shares, the days-to-cover ratio is presently 0.6 days.

Invesco S&P SmallCap Industrials ETF Price Performance

Invesco S&P SmallCap Industrials ETF stock traded down $0.67 during mid-day trading on Friday, reaching $177.26. The stock had a trading volume of 3,428 shares, compared to its average volume of 5,310. Invesco S&P SmallCap Industrials ETF has a one year low of $136.18 and a one year high of $186.90. The company has a 50-day moving average price of $174.36 and a two-hundred day moving average price of $166.83. The company has a market capitalization of $182.58 million, a price-to-earnings ratio of 23.47 and a beta of 1.14.

Invesco S&P SmallCap Industrials ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a $0.196 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $0.78 annualized dividend and a yield of 0.4%.

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

Institutional investors have recently made changes to their positions in the company. Independent Wealth Network Inc. purchased a new position in Invesco S&P SmallCap Industrials ETF in the 1st quarter worth approximately $835,000. Farther Finance Advisors LLC boosted its stake in Invesco S&P SmallCap Industrials ETF by 133.3% during the 4th quarter. Farther Finance Advisors LLC now owns 700 shares of the company’s stock valued at $105,000 after purchasing an additional 400 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Invesco S&P SmallCap Industrials ETF by 5.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,039 shares of the company’s stock valued at $305,000 after purchasing an additional 103 shares during the last quarter. Novak & Powell Financial Services Inc. bought a new stake in shares of Invesco S&P SmallCap Industrials ETF in the 3rd quarter worth $219,000. Finally, Bank of America Corp DE increased its holdings in shares of Invesco S&P SmallCap Industrials ETF by 3.5% in the 3rd quarter. Bank of America Corp DE now owns 155,500 shares of the company’s stock worth $23,238,000 after purchasing an additional 5,226 shares in the last quarter.

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. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.