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 decrease in short interest in the month of February. As of February 13th, there was short interest totaling 380 shares, a decrease of 25.9% from the January 29th total of 513 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 10,317 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 10,317 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Trading of Invesco S&P SmallCap Financials ETF

Several hedge funds have recently bought and sold shares of the company. Hohimer Wealth Management LLC acquired a new stake in Invesco S&P SmallCap Financials ETF in the fourth quarter worth approximately $661,000. Goldman Sachs Group Inc. bought a new stake in shares of Invesco S&P SmallCap Financials ETF in the 1st quarter worth $220,000. Harbor Capital Advisors Inc. lifted its holdings in shares of Invesco S&P SmallCap Financials ETF by 4.9% in the fourth quarter. Harbor Capital Advisors Inc. now owns 32,850 shares of the company’s stock valued at $1,889,000 after buying an additional 1,545 shares during the period. Tower Research Capital LLC TRC lifted its holdings in shares of Invesco S&P SmallCap Financials ETF by 13.5% in the third quarter. Tower Research Capital LLC TRC now owns 10,635 shares of the company’s stock valued at $610,000 after buying an additional 1,263 shares during the period. Finally, Virtu Financial LLC boosted its stake in Invesco S&P SmallCap Financials ETF by 21.6% during the third quarter. Virtu Financial LLC now owns 6,908 shares of the company’s stock valued at $396,000 after buying an additional 1,229 shares in the last quarter.

Invesco S&P SmallCap Financials ETF Trading Up 1.4%

PSCF traded up $0.80 during trading on Monday, reaching $59.89. 6,735 shares of the company were exchanged, compared to its average volume of 7,698. Invesco S&P SmallCap Financials ETF has a 52 week low of $45.14 and a 52 week high of $62.20. The firm has a 50 day moving average of $59.61 and a 200 day moving average of $58.00. The stock has a market cap of $22.16 million, a P/E ratio of 15.25 and a beta of 1.02.

Invesco S&P SmallCap Financials ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a dividend of $0.2941 per share. The ex-dividend date was Monday, December 22nd. This represents a $1.18 annualized dividend and a dividend yield of 2.0%.

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. The Underlying Index is compiled, maintained and calculated by Standard & Poor’s Financial Services LLC (Standard & Poor’s).