Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) Stock Short Interest Report for September

Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 26,782 shares, a drop of 36.0% from the September 15th total of 41,843 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 97,213 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of Principal U.S. Small-Cap Multi-Factor ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Capital Analysts LLC raised its stake in shares of Principal U.S. Small-Cap Multi-Factor ETF by 18.4% in the 2nd quarter. Capital Analysts LLC now owns 1,462 shares of the company’s stock valued at $102,000 after purchasing an additional 227 shares during the period. Sheets Smith Wealth Management grew its holdings in shares of Principal U.S. Small-Cap Multi-Factor ETF by 7.9% during the first quarter. Sheets Smith Wealth Management now owns 12,819 shares of the company’s stock worth $735,000 after buying an additional 942 shares in the last quarter. Sigma Planning Corp grew its holdings in shares of Principal U.S. Small-Cap Multi-Factor ETF by 5.6% during the first quarter. Sigma Planning Corp now owns 22,519 shares of the company’s stock worth $1,291,000 after buying an additional 1,202 shares in the last quarter. truNorth Financial Services Inc. grew its holdings in shares of Principal U.S. Small-Cap Multi-Factor ETF by 33.0% during the first quarter. truNorth Financial Services Inc. now owns 5,434 shares of the company’s stock worth $312,000 after buying an additional 1,347 shares in the last quarter. Finally, Allworth Financial LP acquired a new stake in Principal U.S. Small-Cap Multi-Factor ETF in the 2nd quarter valued at approximately $173,000.

Principal U.S. Small-Cap Multi-Factor ETF Stock Performance

Shares of PSC opened at $67.50 on Friday. The firm has a market cap of $2.72 billion, a P/E ratio of 17.29 and a beta of 1.02. Principal U.S. Small-Cap Multi-Factor ETF has a twelve month low of $53.73 and a twelve month high of $70.90. The firm’s 50 day moving average price is $68.47 and its two-hundred day moving average price is $66.44.

Principal U.S. Small-Cap Multi-Factor ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, October 5th. Investors of record on Thursday, October 1st were paid a $0.1257 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Thursday, October 1st. This is a boost from Principal U.S. Small-Cap Multi-Factor ETF’s previous quarterly dividend of $0.0868.

Principal U.S. Small-Cap Multi-Factor ETF Company Profile

The Principal U.S. Small-Cap Multi-Factor ETF (PSC) is an exchange-traded fund that is based on the Russell 2000 index. The fund is actively managed to invest in small-cap US companies. The fund uses a proprietary, quantitative model to construct the portfolio. PSC was launched on Sep 21, 2016 and is managed by Principal.