Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) Short Interest Down 37.7% in June

Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 3,327 shares, a decline of 37.7% from the May 31st total of 5,338 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 24,349 shares, the days-to-cover ratio is presently 0.1 days.

Invesco S&P SmallCap Energy ETF Stock Down 0.1%

NASDAQ:PSCE opened at $53.55 on Friday. Invesco S&P SmallCap Energy ETF has a 52 week low of $37.88 and a 52 week high of $65.02. The stock’s fifty day moving average is $59.71 and its two-hundred day moving average is $55.09. The stock has a market capitalization of $98.53 million, a price-to-earnings ratio of 9.69 and a beta of 0.71.

Invesco S&P SmallCap Energy ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were issued a $0.4104 dividend. This represents a $1.64 annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Monday, June 22nd.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of PSCE. Kestra Advisory Services LLC lifted its stake in Invesco S&P SmallCap Energy ETF by 1.0% during the first quarter. Kestra Advisory Services LLC now owns 16,178 shares of the company’s stock worth $986,000 after purchasing an additional 159 shares during the last quarter. First Growth Capital LLC boosted its holdings in Invesco S&P SmallCap Energy ETF by 7.4% in the first quarter. First Growth Capital LLC now owns 9,371 shares of the company’s stock valued at $554,000 after purchasing an additional 649 shares in the last quarter. Walkner Condon Financial Advisors LLC increased its stake in Invesco S&P SmallCap Energy ETF by 15.8% in the first quarter. Walkner Condon Financial Advisors LLC now owns 5,796 shares of the company’s stock valued at $343,000 after purchasing an additional 790 shares during the last quarter. Farther Finance Advisors LLC increased its stake in Invesco S&P SmallCap Energy ETF by 62.5% in the fourth quarter. Farther Finance Advisors LLC now owns 2,600 shares of the company’s stock valued at $112,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Osaic Holdings Inc. raised its holdings in Invesco S&P SmallCap Energy ETF by 47.1% during the second quarter. Osaic Holdings Inc. now owns 5,742 shares of the company’s stock worth $223,000 after purchasing an additional 1,839 shares in the last quarter.

About Invesco S&P SmallCap Energy ETF

PowerShares S&P SmallCap Energy 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 Energy Index (the Underlying Index). The Underlying Index consists of common stocks of the United States energy companies that are principally engaged in the business of producing, distributing or servicing energy-related products, including oil and gas exploration and production, refining, oil services, pipeline, and solar, wind and other non-oil-based energy.