Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Short Interest Up 120.0% in March

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 13,200 shares, a growth of 120.0% from the February 29th total of 6,000 shares. Based on an average trading volume of 7,700 shares, the short-interest ratio is presently 1.7 days.

Invesco S&P SmallCap Industrials ETF Stock Performance

PSCI traded up $0.41 during trading on Thursday, reaching $126.87. The stock had a trading volume of 6,088 shares, compared to its average volume of 7,941. The business has a 50-day moving average of $118.72 and a 200-day moving average of $109.23. Invesco S&P SmallCap Industrials ETF has a one year low of $88.81 and a one year high of $127.62. The stock has a market cap of $178.89 million, a PE ratio of 12.03 and a beta of 1.24.

Invesco S&P SmallCap Industrials ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a dividend of $0.1799 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.57%.

Institutional Trading of Invesco S&P SmallCap Industrials ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Truist Financial Corp grew its holdings in shares of Invesco S&P SmallCap Industrials ETF by 2.4% during the 4th quarter. Truist Financial Corp now owns 7,599 shares of the company’s stock valued at $881,000 after purchasing an additional 180 shares during the last quarter. Private Advisor Group LLC lifted its stake in shares of Invesco S&P SmallCap Industrials ETF by 2.4% in the 4th quarter. Private Advisor Group LLC now owns 10,357 shares of the company’s stock valued at $1,201,000 after acquiring an additional 241 shares during the last quarter. UBS Group AG boosted its holdings in Invesco S&P SmallCap Industrials ETF by 0.5% during the 3rd quarter. UBS Group AG now owns 51,249 shares of the company’s stock valued at $5,097,000 after acquiring an additional 245 shares during the period. Harbor Capital Advisors Inc. grew its position in Invesco S&P SmallCap Industrials ETF by 5.6% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 5,559 shares of the company’s stock worth $553,000 after acquiring an additional 296 shares during the last quarter. Finally, Private Trust Co. NA purchased a new position in Invesco S&P SmallCap Industrials ETF in the 3rd quarter worth approximately $31,000.

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.