Short Interest in Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) Expands By 750.0%

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 1,700 shares, an increase of 750.0% from the September 15th total of 200 shares. Based on an average daily volume of 1,600 shares, the short-interest ratio is currently 1.1 days. Based on an average daily volume of 1,600 shares, the short-interest ratio is currently 1.1 days.

Invesco S&P SmallCap Financials ETF Price Performance

PSCF stock opened at $55.12 on Friday. Invesco S&P SmallCap Financials ETF has a 12 month low of $45.14 and a 12 month high of $62.24. The firm has a market cap of $18.19 million, a PE ratio of 15.25 and a beta of 1.03. The firm has a 50 day simple moving average of $57.51 and a 200 day simple moving average of $54.34.

Invesco S&P SmallCap Financials ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were paid a dividend of $0.418 per share. This is a boost from Invesco S&P SmallCap Financials ETF’s previous quarterly dividend of $0.34. This represents a $1.67 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Monday, September 22nd.

Institutional Investors Weigh In On Invesco S&P SmallCap Financials ETF

Large investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. acquired a new stake in shares of Invesco S&P SmallCap Financials ETF during the first quarter valued at approximately $220,000. Virtu Financial LLC acquired a new stake in shares of Invesco S&P SmallCap Financials ETF during the first quarter valued at approximately $351,000. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Invesco S&P SmallCap Financials ETF during the first quarter valued at approximately $503,000. Jones Financial Companies Lllp raised its holdings in shares of Invesco S&P SmallCap Financials ETF by 2,000.8% during the first quarter. Jones Financial Companies Lllp now owns 21,449 shares of the company’s stock valued at $1,197,000 after acquiring an additional 20,428 shares during the period. Finally, Harbor Capital Advisors Inc. raised its holdings in shares of Invesco S&P SmallCap Financials ETF by 19.6% during the second quarter. Harbor Capital Advisors Inc. now owns 38,632 shares of the company’s stock valued at $2,097,000 after acquiring an additional 6,333 shares during the period.

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.