Short Interest in Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) Decreases By 37.7%

Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) was the recipient of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 3,327 shares, a decline of 37.7% from the May 31st total of 5,338 shares. Based on an average daily volume of 24,349 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Trading of Invesco S&P SmallCap Energy ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Farther Finance Advisors LLC lifted its position in Invesco S&P SmallCap Energy ETF by 62.5% during the fourth quarter. Farther Finance Advisors LLC now owns 2,600 shares of the company’s stock valued at $112,000 after purchasing an additional 1,000 shares during the period. Cetera Investment Advisers purchased a new stake in Invesco S&P SmallCap Energy ETF in the fourth quarter valued at $204,000. Osaic Holdings Inc. grew its position in Invesco S&P SmallCap Energy ETF by 47.1% during the 2nd quarter. Osaic Holdings Inc. now owns 5,742 shares of the company’s stock worth $223,000 after purchasing an additional 1,839 shares during the period. Walkner Condon Financial Advisors LLC grew its position in Invesco S&P SmallCap Energy ETF by 15.8% during the 1st quarter. Walkner Condon Financial Advisors LLC now owns 5,796 shares of the company’s stock worth $343,000 after purchasing an additional 790 shares during the period. Finally, Parr Mcknight Wealth Management Group LLC acquired a new stake in Invesco S&P SmallCap Energy ETF during the 1st quarter worth about $457,000.

Invesco S&P SmallCap Energy ETF Price Performance

NASDAQ:PSCE traded down $0.03 during midday trading on Thursday, hitting $53.56. The company’s stock had a trading volume of 38,016 shares, compared to its average volume of 43,159. Invesco S&P SmallCap Energy ETF has a fifty-two week low of $37.88 and a fifty-two week high of $65.02. The firm’s 50 day moving average is $59.81 and its 200-day moving average is $55.03. The firm has a market cap of $98.55 million, a P/E ratio of 9.69 and a beta of 0.71.

Invesco S&P SmallCap Energy ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were issued a $0.4104 dividend. This represents a $1.64 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Monday, June 22nd.

Invesco S&P SmallCap Energy ETF Company Profile

PowerShares S&P SmallCap Energy 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 Energy Index (the Underlying Index). The Underlying Index consists of common stocks of the United States energy companies that are principally engaged in the business of producing, distributing or servicing energy-related products, including oil and gas exploration and production, refining, oil services, pipeline, and solar, wind and other non-oil-based energy.