Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Short Interest Update

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 18,000 shares, an increase of 520.7% from the October 31st total of 2,900 shares. Based on an average daily volume of 5,900 shares, the short-interest ratio is currently 3.1 days.

Invesco S&P SmallCap Industrials ETF Trading Down 0.5 %

NASDAQ PSCI traded down $0.78 during trading hours on Wednesday, reaching $146.91. 8,628 shares of the company traded hands, compared to its average volume of 6,981. The company has a 50 day moving average of $135.54 and a two-hundred day moving average of $128.21. The stock has a market capitalization of $217.43 million, a PE ratio of 18.19 and a beta of 1.24. Invesco S&P SmallCap Industrials ETF has a 12 month low of $103.00 and a 12 month high of $150.72.

Invesco S&P SmallCap Industrials ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a $0.318 dividend. This is a positive change from Invesco S&P SmallCap Industrials ETF’s previous quarterly dividend of $0.14. This represents a $1.27 annualized dividend and a yield of 0.87%. The ex-dividend date was Monday, September 23rd.

Institutional Trading of Invesco S&P SmallCap Industrials ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Jaffetilchin Investment Partners LLC bought a new stake in shares of Invesco S&P SmallCap Industrials ETF in the 1st quarter valued at approximately $280,000. Harbor Capital Advisors Inc. bought a new stake in Invesco S&P SmallCap Industrials ETF during the second quarter valued at $73,000. Raymond James & Associates raised its holdings in shares of Invesco S&P SmallCap Industrials ETF by 3.2% during the second quarter. Raymond James & Associates now owns 73,759 shares of the company’s stock worth $8,856,000 after purchasing an additional 2,280 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of Invesco S&P SmallCap Industrials ETF by 2.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 189,026 shares of the company’s stock worth $22,694,000 after buying an additional 4,421 shares during the last quarter. Finally, RiverFront Investment Group LLC boosted its holdings in shares of Invesco S&P SmallCap Industrials ETF by 10.6% in the 2nd quarter. RiverFront Investment Group LLC now owns 136,872 shares of the company’s stock valued at $16,433,000 after buying an additional 13,118 shares during the period.

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.