Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) Short Interest Update

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) was the target of a large drop in short interest in December. As of December 15th, there was short interest totalling 1,800 shares, a drop of 21.7% from the November 30th total of 2,300 shares. Based on an average trading volume of 3,300 shares, the days-to-cover ratio is presently 0.5 days.

Invesco S&P SmallCap Financials ETF Price Performance

Shares of PSCF stock traded down $0.18 during trading hours on Monday, reaching $55.11. The company had a trading volume of 1,120 shares, compared to its average volume of 2,315. The business has a fifty day simple moving average of $58.29 and a 200-day simple moving average of $54.63. Invesco S&P SmallCap Financials ETF has a 12 month low of $44.43 and a 12 month high of $62.24. The company has a market cap of $22.04 million, a price-to-earnings ratio of 13.50 and a beta of 1.03.

Invesco S&P SmallCap Financials ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.5416 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of Invesco S&P SmallCap Financials ETF

Several institutional investors have recently made changes to their positions in the company. Riggs Asset Managment Co. Inc. bought a new position in shares of Invesco S&P SmallCap Financials ETF during the third quarter valued at about $28,000. Harbor Capital Advisors Inc. lifted its position in shares of Invesco S&P SmallCap Financials ETF by 17.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 4,699 shares of the company’s stock worth $260,000 after buying an additional 688 shares in the last quarter. Kessler Investment Group LLC boosted its stake in shares of Invesco S&P SmallCap Financials ETF by 939.0% in the 3rd quarter. Kessler Investment Group LLC now owns 4,738 shares of the company’s stock worth $262,000 after buying an additional 4,282 shares during the last quarter. Gladstone Institutional Advisory LLC grew its holdings in shares of Invesco S&P SmallCap Financials ETF by 6.4% in the third quarter. Gladstone Institutional Advisory LLC now owns 8,278 shares of the company’s stock valued at $458,000 after acquiring an additional 496 shares in the last quarter. Finally, Atlas Wealth LLC purchased a new stake in shares of Invesco S&P SmallCap Financials ETF during the third quarter valued at approximately $538,000.

Invesco S&P SmallCap Financials ETF Company Profile

PowerShares S&P SmallCap Financials 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 Financials Index (the Underlying Index). The Underlying Index consists of common stocks of the United States financial service companies that are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services.