Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Short Interest Down 48.8% in June

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 226 shares, a drop of 48.8% from the May 31st total of 441 shares. Based on an average trading volume of 5,571 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

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

A number of institutional investors and hedge funds have recently bought and sold shares of PSCI. Farther Finance Advisors LLC grew its position in Invesco S&P SmallCap Industrials ETF by 133.3% in the 4th quarter. Farther Finance Advisors LLC now owns 700 shares of the company’s stock worth $105,000 after purchasing an additional 400 shares during the last quarter. Envestnet Asset Management Inc. bought a new position in Invesco S&P SmallCap Industrials ETF during the third quarter valued at about $213,000. Novak & Powell Financial Services Inc. bought a new stake in shares of Invesco S&P SmallCap Industrials ETF in the 3rd quarter worth approximately $219,000. JPMorgan Chase & Co. boosted its stake in Invesco S&P SmallCap Industrials ETF by 5.3% during the third quarter. JPMorgan Chase & Co. now owns 2,039 shares of the company’s stock worth $305,000 after buying an additional 103 shares in the last quarter. Finally, MML Investors Services LLC boosted its stake in Invesco S&P SmallCap Industrials ETF by 6.0% during the fourth quarter. MML Investors Services LLC now owns 4,826 shares of the company’s stock worth $724,000 after buying an additional 274 shares in the last quarter.

Invesco S&P SmallCap Industrials ETF Trading Down 0.2%

NASDAQ:PSCI opened at $184.42 on Tuesday. The firm’s fifty day simple moving average is $172.57 and its 200 day simple moving average is $165.33. The firm has a market capitalization of $184.42 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 $133.58 and a 1 year high of $186.90.

Invesco S&P SmallCap Industrials ETF Dividend Announcement

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

Invesco S&P SmallCap Industrials ETF Company Profile

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.