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

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 1,355 shares, a drop of 61.9% from the July 15th total of 3,559 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average trading volume of 7,978 shares, the short-interest ratio is currently 0.2 days.

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

Several institutional investors have recently made changes to their positions in PSCF. LPL Financial LLC lifted its position in Invesco S&P SmallCap Financials ETF by 5.9% in the 4th quarter. LPL Financial LLC now owns 5,472 shares of the company’s stock valued at $315,000 after purchasing an additional 306 shares during the last quarter. Virtu Financial LLC raised its stake in shares of Invesco S&P SmallCap Financials ETF by 4.4% during the fourth quarter. Virtu Financial LLC now owns 7,214 shares of the company’s stock valued at $415,000 after purchasing an additional 306 shares in the last quarter. Tower Research Capital LLC TRC grew its position in Invesco S&P SmallCap Financials ETF by 13.5% in the 3rd quarter. Tower Research Capital LLC TRC now owns 10,635 shares of the company’s stock valued at $610,000 after buying an additional 1,263 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in Invesco S&P SmallCap Financials ETF in the 1st quarter valued at about $220,000. Finally, Hohimer Wealth Management LLC acquired a new position in Invesco S&P SmallCap Financials ETF during the 4th quarter valued at about $661,000.

Invesco S&P SmallCap Financials ETF Stock Up 0.7%

PSCF stock opened at $67.33 on Friday. The stock’s 50 day moving average is $65.54 and its two-hundred day moving average is $61.84. Invesco S&P SmallCap Financials ETF has a 52-week low of $54.30 and a 52-week high of $68.60. The company has a market capitalization of $27.61 million, a PE ratio of 15.25 and a beta of 0.93.

Invesco S&P SmallCap Financials ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a dividend of $0.3128 per share. The ex-dividend date was Monday, June 22nd. This represents a $1.25 annualized dividend and a yield of 1.9%.

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. The Underlying Index is compiled, maintained and calculated by Standard & Poor’s Financial Services LLC (Standard & Poor’s).