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

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 1,400 shares, an increase of 55.6% from the February 13th total of 900 shares. Based on an average daily volume of 3,100 shares, the short-interest ratio is presently 0.5 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Investors Weigh In On Invesco S&P SmallCap Financials ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Harbor Capital Advisors Inc. raised its stake in shares of Invesco S&P SmallCap Financials ETF by 78.5% during the fourth quarter. Harbor Capital Advisors Inc. now owns 8,389 shares of the company’s stock valued at $464,000 after acquiring an additional 3,690 shares during the last quarter. J2 Capital Management Inc acquired a new stake in Invesco S&P SmallCap Financials ETF in the fourth quarter valued at $257,000. Atlas Wealth LLC bought a new position in Invesco S&P SmallCap Financials ETF during the 3rd quarter worth $538,000. Bank of America Corp DE lifted its holdings in Invesco S&P SmallCap Financials ETF by 34.0% during the 4th quarter. Bank of America Corp DE now owns 5,290 shares of the company’s stock worth $293,000 after buying an additional 1,341 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in shares of Invesco S&P SmallCap Financials ETF in the 4th quarter valued at about $290,000.

Invesco S&P SmallCap Financials ETF Stock Up 2.0 %

Invesco S&P SmallCap Financials ETF stock traded up $1.03 during trading hours on Friday, hitting $52.32. The stock had a trading volume of 1,620 shares, compared to its average volume of 2,369. The stock has a market cap of $18.31 million, a price-to-earnings ratio of 13.45 and a beta of 1.03. The business’s 50 day simple moving average is $55.32 and its 200-day simple moving average is $56.28. Invesco S&P SmallCap Financials ETF has a one year low of $44.43 and a one year high of $62.24.

Invesco S&P SmallCap Financials ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.5416 dividend. The ex-dividend date was Monday, December 23rd.

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.