Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) Short Interest Update

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) saw a significant decrease in short interest in the month of September. As of September 15th, there was short interest totalling 600 shares, a decrease of 25.0% from the August 31st total of 800 shares. Based on an average daily trading volume, of 2,600 shares, the short-interest ratio is currently 0.2 days.

Invesco S&P SmallCap Financials ETF Stock Performance

Invesco S&P SmallCap Financials ETF stock traded up $0.09 during mid-day trading on Friday, reaching $54.99. 1,703 shares of the company were exchanged, compared to its average volume of 1,957. The business has a fifty day moving average of $53.94 and a 200 day moving average of $49.71. The firm has a market cap of $20.35 million, a P/E ratio of 13.50 and a beta of 1.03. Invesco S&P SmallCap Financials ETF has a 12-month low of $38.34 and a 12-month high of $56.92.

Invesco S&P SmallCap Financials ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 2.69%. The ex-dividend date of this dividend was Monday, September 23rd. This is a positive change from Invesco S&P SmallCap Financials ETF’s previous quarterly dividend of $0.18.

Institutional Trading of Invesco S&P SmallCap Financials ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Harbor Capital Advisors Inc. purchased a new stake in shares of Invesco S&P SmallCap Financials ETF during the 2nd quarter valued at $191,000. Virtu Financial LLC purchased a new stake in shares of Invesco S&P SmallCap Financials ETF during the 1st quarter valued at $876,000. Finally, Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Invesco S&P SmallCap Financials ETF during the 4th quarter valued at $1,558,000.

Invesco S&P SmallCap Financials ETF Company Profile

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.