Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) Short Interest Down 25.9% in February

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) was the recipient of a large decrease in short interest during the month of 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 shares of the stock are short sold. Based on an average daily trading volume, of 10,317 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily trading volume, of 10,317 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.1% of the shares of the stock are short sold.

Invesco S&P SmallCap Financials ETF Stock Down 2.6%

Shares of PSCF traded down $1.54 during trading hours on Tuesday, reaching $58.35. 1,202 shares of the company traded hands, compared to its average volume of 7,539. The stock has a market capitalization of $21.59 million, a PE ratio of 15.25 and a beta of 1.02. The stock has a fifty day simple moving average of $59.61 and a 200 day simple moving average of $58.01. Invesco S&P SmallCap Financials ETF has a fifty-two week low of $45.14 and a fifty-two week high of $62.20.

Invesco S&P SmallCap Financials ETF Cuts Dividend

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

Hedge Funds Weigh In On Invesco S&P SmallCap Financials ETF

Several institutional investors and hedge funds have recently modified their holdings of PSCF. Founders Financial Alliance LLC acquired a new position in Invesco S&P SmallCap Financials ETF in the 3rd quarter valued at $32,000. Harbor Capital Advisors Inc. grew its position in shares of Invesco S&P SmallCap Financials ETF by 4.9% in the fourth quarter. Harbor Capital Advisors Inc. now owns 32,850 shares of the company’s stock valued at $1,889,000 after purchasing an additional 1,545 shares during the period. Virtu Financial LLC lifted its position in Invesco S&P SmallCap Financials ETF by 4.4% during the fourth quarter. Virtu Financial LLC now owns 7,214 shares of the company’s stock worth $415,000 after buying an additional 306 shares during the period. Hohimer Wealth Management LLC acquired a new stake in Invesco S&P SmallCap Financials ETF in the 4th quarter worth about $661,000. Finally, LPL Financial LLC grew its holdings in Invesco S&P SmallCap Financials ETF by 5.9% in the 4th quarter. LPL Financial LLC now owns 5,472 shares of the company’s stock valued at $315,000 after buying an additional 306 shares during the period.

About Invesco S&P SmallCap Financials ETF

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).