Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Short Interest Update

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 677 shares, a decrease of 82.7% from the April 30th total of 3,906 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 4,520 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Invesco S&P SmallCap Industrials ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Independent Wealth Advisors LLC grew its holdings in Invesco S&P SmallCap Industrials ETF by 18.6% during the first quarter. Independent Wealth Advisors LLC now owns 9,053 shares of the company’s stock worth $1,400,000 after acquiring an additional 1,422 shares during the period. Bank of America Corp DE grew its holdings in Invesco S&P SmallCap Industrials ETF by 3.9% during the first quarter. Bank of America Corp DE now owns 161,114 shares of the company’s stock worth $24,913,000 after acquiring an additional 6,005 shares during the period. Parr Mcknight Wealth Management Group LLC acquired a new stake in Invesco S&P SmallCap Industrials ETF during the first quarter worth about $1,547,000. Private Advisor Group LLC grew its holdings in Invesco S&P SmallCap Industrials ETF by 6.3% during the first quarter. Private Advisor Group LLC now owns 5,977 shares of the company’s stock worth $924,000 after acquiring an additional 356 shares during the period. Finally, Independent Wealth Network Inc. acquired a new stake in Invesco S&P SmallCap Industrials ETF during the first quarter worth about $835,000.

Invesco S&P SmallCap Industrials ETF Stock Performance

Invesco S&P SmallCap Industrials ETF stock traded down $1.14 during midday trading on Friday, hitting $170.90. 1,487 shares of the company were exchanged, compared to its average volume of 5,442. The firm has a market capitalization of $170.90 million, a PE ratio of 23.47 and a beta of 1.17. Invesco S&P SmallCap Industrials ETF has a fifty-two week low of $124.79 and a fifty-two week high of $178.02. The business has a fifty day simple moving average of $165.00 and a two-hundred day simple moving average of $160.88.

Invesco S&P SmallCap Industrials ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a dividend of $0.2176 per share. This represents a $0.87 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Monday, March 23rd.

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.