Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) Short Interest Update

Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) was the recipient of a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 12,900 shares, a decline of 34.2% from the October 31st total of 19,600 shares. Based on an average daily volume of 21,300 shares, the days-to-cover ratio is currently 0.6 days.

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

A number of institutional investors have recently bought and sold shares of PSCE. Jaffetilchin Investment Partners LLC purchased a new position in Invesco S&P SmallCap Energy ETF in the first quarter worth about $308,000. U.S. Capital Wealth Advisors LLC grew its holdings in Invesco S&P SmallCap Energy ETF by 6.2% during the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 15,281 shares of the company’s stock worth $804,000 after acquiring an additional 896 shares in the last quarter. Blair William & Co. IL increased its holdings in Invesco S&P SmallCap Energy ETF by 3.9% during the second quarter. Blair William & Co. IL now owns 18,173 shares of the company’s stock valued at $956,000 after buying an additional 687 shares during the period. Kessler Investment Group LLC raised its position in shares of Invesco S&P SmallCap Energy ETF by 206.2% in the 3rd quarter. Kessler Investment Group LLC now owns 1,038 shares of the company’s stock worth $51,000 after acquiring an additional 699 shares in the last quarter. Finally, HighTower Advisors LLC boosted its holdings in shares of Invesco S&P SmallCap Energy ETF by 9.1% in the 3rd quarter. HighTower Advisors LLC now owns 17,896 shares of the company’s stock valued at $877,000 after buying an additional 1,486 shares in the last quarter.

Invesco S&P SmallCap Energy ETF Stock Performance

Shares of PSCE traded up $0.08 during mid-day trading on Thursday, hitting $52.96. 47,999 shares of the company traded hands, compared to its average volume of 29,752. The stock has a market cap of $93.21 million, a price-to-earnings ratio of 34.07 and a beta of 1.95. Invesco S&P SmallCap Energy ETF has a 1 year low of $45.13 and a 1 year high of $58.38. The stock has a 50-day moving average price of $50.67 and a two-hundred day moving average price of $51.75.

Invesco S&P SmallCap Energy ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a dividend of $0.283 per share. The ex-dividend date of this dividend was Monday, September 23rd. This is an increase from Invesco S&P SmallCap Energy ETF’s previous quarterly dividend of $0.19. This represents a $1.13 dividend on an annualized basis and a dividend yield of 2.14%.

Invesco S&P SmallCap Energy ETF Company Profile

PowerShares S&P SmallCap Energy 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 Energy Index (the Underlying Index). The Underlying Index consists of common stocks of the United States energy companies that are principally engaged in the business of producing, distributing or servicing energy-related products, including oil and gas exploration and production, refining, oil services, pipeline, and solar, wind and other non-oil-based energy.