Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Sees Significant Decrease in Short Interest

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 226 shares, a decline of 48.8% from the May 31st total of 441 shares. Based on an average trading volume of 5,571 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Invesco S&P SmallCap Industrials ETF Stock Performance

Shares of Invesco S&P SmallCap Industrials ETF stock opened at $184.42 on Tuesday. The firm has a fifty day moving average of $172.57 and a two-hundred day moving average of $165.33. The stock has a market capitalization of $184.42 million, a price-to-earnings ratio of 23.47 and a beta of 1.15. Invesco S&P SmallCap Industrials ETF has a 52 week low of $133.58 and a 52 week high of $186.90.

Invesco S&P SmallCap Industrials ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a dividend of $0.196 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $0.78 dividend on an annualized basis and a dividend yield of 0.4%.

Institutional Investors Weigh In On Invesco S&P SmallCap Industrials ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC bought a new position in Invesco S&P SmallCap Industrials ETF during the first quarter worth about $802,000. Envestnet Asset Management Inc. acquired a new stake in shares of Invesco S&P SmallCap Industrials ETF in the 3rd quarter valued at approximately $213,000. JPMorgan Chase & Co. boosted its stake in Invesco S&P SmallCap Industrials ETF by 5.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,039 shares of the company’s stock worth $305,000 after acquiring an additional 103 shares during the last quarter. Virtu Financial LLC grew its holdings in Invesco S&P SmallCap Industrials ETF by 7.8% during the third quarter. Virtu Financial LLC now owns 6,882 shares of the company’s stock valued at $1,028,000 after purchasing an additional 495 shares during the period. Finally, Bank of America Corp DE grew its holdings in Invesco S&P SmallCap Industrials ETF by 3.5% during the third quarter. Bank of America Corp DE now owns 155,500 shares of the company’s stock valued at $23,238,000 after purchasing an additional 5,226 shares during the period.

About Invesco S&P SmallCap Industrials ETF

PowerShares S&P SmallCap Industrials 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 Industrials Index (the Underlying Index). The Underlying Index consists of common stocks of the United States industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.