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

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 3,683 shares, an increase of 4,085.2% from the September 15th total of 88 shares. Based on an average daily trading volume, of 9,587 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the company’s shares are short sold.

Invesco S&P SmallCap Industrials ETF Stock Up 0.1%

Shares of Invesco S&P SmallCap Industrials ETF stock traded up $0.23 during trading on Friday, hitting $161.92. The stock had a trading volume of 12,625 shares, compared to its average volume of 9,731. The stock has a 50 day simple moving average of $171.61 and a 200 day simple moving average of $171.47. The company has a market capitalization of $268.79 million, a PE ratio of 23.47 and a beta of 1.15. Invesco S&P SmallCap Industrials ETF has a 1 year low of $138.89 and a 1 year high of $187.05.

Invesco S&P SmallCap Industrials ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were paid a $0.2063 dividend. The ex-dividend date of this dividend was Monday, September 21st. This represents a $0.83 dividend on an annualized basis and a yield of 0.5%. This is a positive change from Invesco S&P SmallCap Industrials ETF’s previous quarterly dividend of $0.1960.

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

A number of institutional investors have recently bought and sold shares of PSCI. Bank of America Corp DE grew its holdings in shares of Invesco S&P SmallCap Industrials ETF by 3.9% during the 1st quarter. Bank of America Corp DE now owns 161,114 shares of the company’s stock valued at $24,913,000 after acquiring an additional 6,005 shares in the last quarter. TOP Private Wealth LLC. purchased a new stake in shares of Invesco S&P SmallCap Industrials ETF during the second quarter worth $5,570,000. Congress Asset Management Co. acquired a new stake in Invesco S&P SmallCap Industrials ETF during the third quarter valued at $3,676,000. Parr Mcknight Wealth Management Group LLC acquired a new stake in Invesco S&P SmallCap Industrials ETF during the first quarter valued at $1,547,000. Finally, Independent Wealth Advisors LLC grew its stake in Invesco S&P SmallCap Industrials ETF by 18.6% in the first quarter. Independent Wealth Advisors LLC now owns 9,053 shares of the company’s stock valued at $1,400,000 after purchasing an additional 1,422 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.