Short Interest in Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM) Expands By 183.3%

Posted by James Conley on Mar 28th, 2025

Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM – Get Free Report) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 1,700 shares, a growth of 183.3% from the February 28th total of 600 shares. Currently, 0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is currently 0.9 days.

Hedge Funds Weigh In On Invesco S&P SmallCap Materials ETF

A number of large investors have recently bought and sold shares of PSCM. EP Wealth Advisors LLC acquired a new stake in shares of Invesco S&P SmallCap Materials ETF during the 4th quarter worth $128,000. Harbor Capital Advisors Inc. acquired a new position in Invesco S&P SmallCap Materials ETF in the fourth quarter valued at $219,000. Finally, Virtu Financial LLC grew its position in Invesco S&P SmallCap Materials ETF by 35.1% during the fourth quarter. Virtu Financial LLC now owns 11,702 shares of the company’s stock valued at $862,000 after acquiring an additional 3,042 shares during the period.

Invesco S&P SmallCap Materials ETF Trading Down 2.2 %

Shares of NASDAQ PSCM traded down $1.49 on Friday, reaching $66.97. 461 shares of the company traded hands, compared to its average volume of 1,465. The stock has a market capitalization of $12.72 million, a PE ratio of 17.70 and a beta of 1.19. Invesco S&P SmallCap Materials ETF has a fifty-two week low of $66.90 and a fifty-two week high of $86.48. The company has a 50 day moving average of $72.34 and a 200 day moving average of $76.23.

Invesco S&P SmallCap Materials ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be given a dividend of $0.1361 per share. The ex-dividend date of this dividend is Monday, March 24th.

Invesco S&P SmallCap Materials ETF Company Profile

(Get Free Report)

PowerShares S&P SmallCap Materials Portfolio (the Fund) is based on the S&P SmallCap 600 Capped Materials Index (Index). The Index is designed to measure the overall performance of common stocks of United States basic materials companies. These companies are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals.