Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) Short Interest Update

Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 474 shares, a decrease of 86.1% from the July 30th total of 3,415 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 2,199 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Invesco S&P SmallCap Utilities & Communication Services ETF

Several institutional investors have recently added to or reduced their stakes in the stock. IHT Wealth Management LLC boosted its position in Invesco S&P SmallCap Utilities & Communication Services ETF by 121.7% during the fourth quarter. IHT Wealth Management LLC now owns 22,259 shares of the company’s stock valued at $1,280,000 after acquiring an additional 12,219 shares during the last quarter. Parr Mcknight Wealth Management Group LLC bought a new position in shares of Invesco S&P SmallCap Utilities & Communication Services ETF in the 1st quarter worth about $501,000. Virtu Financial LLC lifted its stake in shares of Invesco S&P SmallCap Utilities & Communication Services ETF by 51.8% in the 3rd quarter. Virtu Financial LLC now owns 12,837 shares of the company’s stock valued at $738,000 after purchasing an additional 4,378 shares during the period. Advisory Services Network LLC acquired a new position in shares of Invesco S&P SmallCap Utilities & Communication Services ETF in the 3rd quarter valued at about $58,000. Finally, Tower Research Capital LLC TRC boosted its position in shares of Invesco S&P SmallCap Utilities & Communication Services ETF by 3.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,999 shares of the company’s stock valued at $389,000 after purchasing an additional 202 shares in the last quarter.

Invesco S&P SmallCap Utilities & Communication Services ETF Trading Down 0.7%

NASDAQ:PSCU traded down $0.47 during trading hours on Thursday, hitting $64.64. 18,147 shares of the company were exchanged, compared to its average volume of 3,820. The stock has a market capitalization of $17.45 million, a price-to-earnings ratio of 18.18 and a beta of 0.73. Invesco S&P SmallCap Utilities & Communication Services ETF has a one year low of $55.63 and a one year high of $66.85. The company has a fifty day simple moving average of $64.91 and a 200 day simple moving average of $63.14.

Invesco S&P SmallCap Utilities & Communication Services ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a dividend of $0.0282 per share. This represents a $0.11 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date was Monday, June 22nd.

Invesco S&P SmallCap Utilities & Communication Services ETF Company Profile

PowerShares S&P SmallCap Utilities 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 Utilities & Telecom Services Index (the Underlying Index). The Underlying Index consists of common stocks of United States utility companies. These companies are principally engaged in providing either energy, water or natural gas utilities, as well as services designed to promote or enhance the transmission of voice, data and video over various communications media, including wireline, wireless (terrestrial-based), satellite and cable.