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

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 2,528 shares, an increase of 106.0% from the June 15th total of 1,227 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,376 shares, the short-interest ratio is presently 1.8 days.

Invesco S&P SmallCap Financials ETF Trading Up 1.0%

Shares of PSCF stock traded up $0.69 on Wednesday, reaching $66.71. The company’s stock had a trading volume of 2,928 shares, compared to its average volume of 3,693. The stock’s fifty day simple moving average is $62.99 and its 200-day simple moving average is $60.58. Invesco S&P SmallCap Financials ETF has a 1 year low of $53.10 and a 1 year high of $67.03. The company has a market capitalization of $27.35 million, a price-to-earnings ratio of 15.25 and a beta of 0.93.

Invesco S&P SmallCap Financials ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a $0.3128 dividend. This represents a $1.25 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Monday, June 22nd.

Hedge Funds Weigh In On Invesco S&P SmallCap Financials ETF

A number of large investors have recently bought and sold shares of PSCF. Parr Mcknight Wealth Management Group LLC bought a new position in Invesco S&P SmallCap Financials ETF in the 1st quarter worth about $2,293,000. Harbor Capital Advisors Inc. raised its position in Invesco S&P SmallCap Financials ETF by 4.9% during the 4th quarter. Harbor Capital Advisors Inc. now owns 32,850 shares of the company’s stock valued at $1,889,000 after purchasing an additional 1,545 shares in the last quarter. Hohimer Wealth Management LLC purchased a new stake in shares of Invesco S&P SmallCap Financials ETF in the 4th quarter worth $661,000. Tower Research Capital LLC TRC grew its position in shares of Invesco S&P SmallCap Financials ETF by 13.5% during the 3rd quarter. Tower Research Capital LLC TRC now owns 10,635 shares of the company’s stock worth $610,000 after buying an additional 1,263 shares in the last quarter. Finally, Virtu Financial LLC increased its stake in shares of Invesco S&P SmallCap Financials ETF by 4.4% during the fourth quarter. Virtu Financial LLC now owns 7,214 shares of the company’s stock valued at $415,000 after buying an additional 306 shares during the period.

About Invesco S&P SmallCap Financials ETF

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).