Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) Short Interest Update

Invesco S&P SmallCap Health Care ETF (NASDAQ:PSCH) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 22,000 shares, an increase of 109.5% from the August 31st total of 10,500 shares. Based on an average daily trading volume, of 16,100 shares, the short-interest ratio is currently 1.4 days. Based on an average daily trading volume, of 16,100 shares, the short-interest ratio is currently 1.4 days.

Institutional Investors Weigh In On Invesco S&P SmallCap Health Care ETF

Large investors have recently added to or reduced their stakes in the company. Greykasell Wealth Strategies Inc. acquired a new stake in Invesco S&P SmallCap Health Care ETF during the 1st quarter valued at $25,000. Northwestern Mutual Wealth Management Co. grew its holdings in Invesco S&P SmallCap Health Care ETF by 1,752.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,612 shares of the company’s stock valued at $113,000 after purchasing an additional 2,471 shares in the last quarter. Kessler Investment Group LLC grew its holdings in Invesco S&P SmallCap Health Care ETF by 16.6% during the 1st quarter. Kessler Investment Group LLC now owns 2,753 shares of the company’s stock valued at $119,000 after purchasing an additional 391 shares in the last quarter. GAMMA Investing LLC grew its holdings in Invesco S&P SmallCap Health Care ETF by 4,228.3% during the 1st quarter. GAMMA Investing LLC now owns 5,194 shares of the company’s stock valued at $2,250,000 after purchasing an additional 5,074 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in Invesco S&P SmallCap Health Care ETF during the 2nd quarter worth $312,000.

Invesco S&P SmallCap Health Care ETF Price Performance

PSCH stock traded up $0.10 on Monday, hitting $42.83. 3,107 shares of the company were exchanged, compared to its average volume of 12,260. Invesco S&P SmallCap Health Care ETF has a twelve month low of $36.69 and a twelve month high of $49.05. The business’s fifty day moving average is $40.40 and its two-hundred day moving average is $40.38. The stock has a market capitalization of $146.48 million, a price-to-earnings ratio of 21.94 and a beta of 1.00.

Invesco S&P SmallCap Health Care ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were paid a dividend of $0.0026 per share. This is an increase from Invesco S&P SmallCap Health Care ETF’s previous quarterly dividend of $0.00. This represents a $0.01 annualized dividend and a yield of 0.0%. The ex-dividend date was Monday, September 22nd.

Invesco S&P SmallCap Health Care ETF Company Profile

PowerShares S&P SmallCap Health Care 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 HealthCare Index (the Underlying Index). The Underlying Index consists of common stocks of the United States healthcare companies.