Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Stock Short Interest Report for September

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 3,683 shares, a growth of 4,085.2% from the September 15th total of 88 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 9,587 shares, the days-to-cover ratio is currently 0.4 days.

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

Hedge funds have recently added to or reduced their stakes in the company. TOP Private Wealth LLC. acquired a new stake in Invesco S&P SmallCap Industrials ETF in the second quarter worth $5,570,000. Congress Asset Management Co. bought a new stake in shares of Invesco S&P SmallCap Industrials ETF in the third quarter worth about $3,676,000. Parr Mcknight Wealth Management Group LLC bought a new position in shares of Invesco S&P SmallCap Industrials ETF during the 1st quarter valued at about $1,547,000. Citadel Advisors LLC acquired a new position in shares of Invesco S&P SmallCap Industrials ETF in the 2nd quarter valued at approximately $1,156,000. Finally, Bank of America Corp DE raised its holdings in Invesco S&P SmallCap Industrials ETF by 3.9% during the 1st quarter. Bank of America Corp DE now owns 161,114 shares of the company’s stock worth $24,913,000 after buying an additional 6,005 shares during the period.

Invesco S&P SmallCap Industrials ETF Price Performance

Shares of PSCI opened at $161.92 on Friday. The business’s 50 day simple moving average is $171.31 and its 200-day simple moving average is $171.40. Invesco S&P SmallCap Industrials ETF has a one year low of $138.89 and a one year high of $187.05. The company has a market capitalization of $268.79 million, a P/E ratio of 23.47 and a beta of 1.15.

Invesco S&P SmallCap Industrials ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were paid a dividend of $0.2063 per share. This represents a $0.83 annualized dividend and a dividend yield of 0.5%. This is an increase from Invesco S&P SmallCap Industrials ETF’s previous quarterly dividend of $0.1960. The ex-dividend date of this dividend was Monday, September 21st.

About Invesco S&P SmallCap Industrials ETF

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. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.