Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Sees Significant Growth in Short Interest

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) was the target of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 6,800 shares, an increase of 25.9% from the January 31st total of 5,400 shares. Based on an average daily volume of 11,300 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of Invesco S&P SmallCap Industrials ETF

Hedge funds have recently made changes to their positions in the company. Jones Financial Companies Lllp raised its stake in shares of Invesco S&P SmallCap Industrials ETF by 542.5% in the fourth quarter. Jones Financial Companies Lllp now owns 257 shares of the company’s stock valued at $35,000 after buying an additional 217 shares during the period. Avion Wealth bought a new stake in shares of Invesco S&P SmallCap Industrials ETF in the fourth quarter valued at $67,000. Savant Capital LLC bought a new stake in shares of Invesco S&P SmallCap Industrials ETF in the fourth quarter valued at $214,000. Source Financial Advisors LLC bought a new stake in shares of Invesco S&P SmallCap Industrials ETF in the third quarter valued at $217,000. Finally, Gladstone Institutional Advisory LLC bought a new stake in shares of Invesco S&P SmallCap Industrials ETF in the fourth quarter valued at $226,000.

Invesco S&P SmallCap Industrials ETF Trading Down 0.9 %

PSCI stock opened at $124.71 on Friday. The stock’s fifty day simple moving average is $136.20 and its two-hundred day simple moving average is $135.34. Invesco S&P SmallCap Industrials ETF has a 1-year low of $117.43 and a 1-year high of $150.72. The stock has a market cap of $198.29 million, a P/E ratio of 23.14 and a beta of 1.24.

Invesco S&P SmallCap Industrials ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a $0.2373 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.