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

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 400 shares, a decrease of 87.1% from the February 28th total of 3,100 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 10,000 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of Invesco S&P SmallCap Industrials ETF

Large investors have recently bought and sold shares of the business. Stifel Financial Corp boosted its holdings in shares of Invesco S&P SmallCap Industrials ETF by 1.3% in the third quarter. Stifel Financial Corp now owns 8,812 shares of the company’s stock valued at $1,166,000 after buying an additional 117 shares during the period. Jones Financial Companies Lllp raised its stake in shares of Invesco S&P SmallCap Industrials ETF by 542.5% in the 4th quarter. Jones Financial Companies Lllp now owns 257 shares of the company’s stock valued at $35,000 after purchasing an additional 217 shares during the period. Stratos Wealth Partners LTD. raised its stake in shares of Invesco S&P SmallCap Industrials ETF by 20.5% in the 4th quarter. Stratos Wealth Partners LTD. now owns 2,384 shares of the company’s stock valued at $320,000 after purchasing an additional 405 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 about $67,000. Finally, Bogart Wealth LLC boosted its position in shares of Invesco S&P SmallCap Industrials ETF by 4.1% during the fourth quarter. Bogart Wealth LLC now owns 17,179 shares of the company’s stock worth $2,308,000 after buying an additional 676 shares during the period.

Invesco S&P SmallCap Industrials ETF Stock Performance

PSCI stock traded down $2.98 during midday trading on Friday, hitting $119.43. 9,740 shares of the company’s stock were exchanged, compared to its average volume of 7,825. Invesco S&P SmallCap Industrials ETF has a one year low of $117.43 and a one year high of $150.72. The company has a market cap of $183.92 million, a PE ratio of 22.38 and a beta of 1.23. The stock’s fifty day moving average price is $131.90 and its 200-day moving average price is $134.81.

Invesco S&P SmallCap Industrials ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be given a $0.1867 dividend. The ex-dividend date of this dividend is Monday, March 24th.

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.