Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Short Interest Update

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totalling 17,300 shares, an increase of 1,230.8% from the July 15th total of 1,300 shares. Based on an average trading volume of 7,500 shares, the days-to-cover ratio is currently 2.3 days.

Invesco S&P SmallCap Industrials ETF Stock Down 0.6 %

Invesco S&P SmallCap Industrials ETF stock traded down $0.68 during trading on Wednesday, hitting $122.61. The stock had a trading volume of 2,398 shares, compared to its average volume of 7,598. The stock’s 50 day moving average is $123.60 and its two-hundred day moving average is $122.01. Invesco S&P SmallCap Industrials ETF has a 1 year low of $93.45 and a 1 year high of $136.28. The stock has a market cap of $182.69 million, a price-to-earnings ratio of 18.19 and a beta of 1.24.

Invesco S&P SmallCap Industrials ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were given a dividend of $0.1428 per share. The ex-dividend date of this dividend was Monday, June 24th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.47%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Harbor Capital Advisors Inc. purchased a new stake in Invesco S&P SmallCap Industrials ETF during the second quarter valued at about $73,000. TFG Advisers LLC purchased a new stake in shares of Invesco S&P SmallCap Industrials ETF during the 4th quarter valued at approximately $225,000. Cookson Peirce & Co. Inc. purchased a new stake in shares of Invesco S&P SmallCap Industrials ETF during the 4th quarter valued at approximately $225,000. Stratos Wealth Partners LTD. bought a new position in Invesco S&P SmallCap Industrials ETF in the 4th quarter worth approximately $225,000. Finally, Novak & Powell Financial Services Inc. purchased a new position in Invesco S&P SmallCap Industrials ETF in the 4th quarter valued at approximately $236,000.

Invesco S&P SmallCap Industrials ETF Company Profile

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.