Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) Short Interest Down 61.9% in July

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 1,355 shares, a decrease of 61.9% from the July 15th total of 3,559 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 7,978 shares, the short-interest ratio is currently 0.2 days.

Invesco S&P SmallCap Financials ETF Stock Up 0.3%

Shares of Invesco S&P SmallCap Financials ETF stock traded up $0.18 during midday trading on Friday, hitting $67.85. The company’s stock had a trading volume of 5,055 shares, compared to its average volume of 3,893. Invesco S&P SmallCap Financials ETF has a 1-year low of $54.30 and a 1-year high of $68.60. The firm has a market capitalization of $27.82 million, a P/E ratio of 15.25 and a beta of 0.93. The stock has a 50-day simple moving average of $65.67 and a 200-day simple moving average of $61.89.

Invesco S&P SmallCap Financials ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were given a dividend of $0.3128 per share. The ex-dividend date was Monday, June 22nd. This represents a $1.25 dividend on an annualized basis and a yield of 1.8%.

Institutional Trading of Invesco S&P SmallCap Financials ETF

Hedge funds have recently made changes to their positions in the stock. LPL Financial LLC grew its position in 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 valued at $315,000 after purchasing an additional 306 shares in the last quarter. Virtu Financial LLC boosted its stake in shares of Invesco S&P SmallCap Financials ETF by 4.4% during the 4th quarter. Virtu Financial LLC now owns 7,214 shares of the company’s stock valued at $415,000 after buying an additional 306 shares during the period. Tower Research Capital LLC TRC boosted its stake 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 period. Goldman Sachs Group Inc. acquired a new stake in shares of Invesco S&P SmallCap Financials ETF during the 1st quarter valued at $220,000. Finally, Hohimer Wealth Management LLC purchased a new position in shares of Invesco S&P SmallCap Financials ETF during the 4th quarter valued at $661,000.

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).