Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) Stock Short Interest Report for October

Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) was the recipient of a significant growth in short interest in October. As of October 30th, there was short interest totaling 3,893 shares, a growth of 1,948.9% from the October 15th total of 190 shares. Approximately 1.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,626 shares, the short-interest ratio is presently 0.8 days.

Invesco S&P SmallCap Utilities & Communication Services ETF Stock Up 0.4%

Shares of Invesco S&P SmallCap Utilities & Communication Services ETF stock traded up $0.26 during trading on Tuesday, hitting $62.34. The stock had a trading volume of 1,524 shares, compared to its average volume of 3,318. The company has a market capitalization of $17.45 million, a PE ratio of 13.79 and a beta of 0.76. Invesco S&P SmallCap Utilities & Communication Services ETF has a 1 year low of $55.93 and a 1 year high of $66.85. The stock has a 50 day simple moving average of $61.45 and a 200 day simple moving average of $62.48.

Invesco S&P SmallCap Utilities & Communication Services ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were given a dividend of $0.1381 per share. The ex-dividend date of this dividend was Monday, September 21st. This is a positive change from Invesco S&P SmallCap Utilities & Communication Services ETF’s previous quarterly dividend of $0.0282. This represents a $0.55 annualized dividend and a yield of 0.9%.

Institutional Inflows and Outflows

A hedge fund recently raised its position in Invesco S&P SmallCap Utilities & Communication Services ETF stock. Parr Mcknight Wealth Management Group LLC boosted its stake in Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) by 2.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,519 shares of the company’s stock after acquiring an additional 187 shares during the quarter. Parr Mcknight Wealth Management Group LLC owned 3.40% of Invesco S&P SmallCap Utilities & Communication Services ETF worth $574,000 as of its most recent SEC filing.

About Invesco S&P SmallCap Utilities & Communication Services ETF

PowerShares S&P SmallCap Utilities 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 Utilities & Telecom Services Index (the Underlying Index). The Underlying Index consists of common stocks of United States utility companies. These companies are principally engaged in providing either energy, water or natural gas utilities, as well as services designed to promote or enhance the transmission of voice, data and video over various communications media, including wireline, wireless (terrestrial-based), satellite and cable.