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

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) was the recipient of a large increase in short interest in February. As of February 15th, there was short interest totalling 900 shares, an increase of 50.0% from the January 31st total of 600 shares. Based on an average trading volume of 3,300 shares, the short-interest ratio is currently 0.3 days.

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

Institutional investors and hedge funds have recently modified their holdings of the company. Jones Financial Companies Lllp lifted its stake in Invesco S&P SmallCap Financials ETF by 343.9% during the fourth quarter. Jones Financial Companies Lllp now owns 1,021 shares of the company’s stock worth $56,000 after purchasing an additional 791 shares during the last quarter. J2 Capital Management Inc acquired a new stake in Invesco S&P SmallCap Financials ETF during the fourth quarter worth approximately $257,000. Harbor Capital Advisors Inc. boosted its holdings in shares of Invesco S&P SmallCap Financials ETF by 17.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 4,699 shares of the company’s stock valued at $260,000 after buying an additional 688 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Invesco S&P SmallCap Financials ETF in the 4th quarter valued at $290,000. Finally, Bank of America Corp DE raised its stake in Invesco S&P SmallCap Financials ETF by 34.0% during the 4th quarter. Bank of America Corp DE now owns 5,290 shares of the company’s stock worth $293,000 after acquiring an additional 1,341 shares in the last quarter.

Invesco S&P SmallCap Financials ETF Price Performance

Shares of PSCF stock traded down $0.62 during trading on Monday, reaching $55.35. The company’s stock had a trading volume of 861 shares, compared to its average volume of 2,296. Invesco S&P SmallCap Financials ETF has a 1-year low of $44.43 and a 1-year high of $62.24. The stock’s 50-day moving average price is $55.73 and its 200 day moving average price is $56.33. The company has a market capitalization of $19.37 million, a price-to-earnings ratio of 16.41 and a beta of 1.03.

Invesco S&P SmallCap Financials ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.5416 per share. The ex-dividend date was Monday, December 23rd.

About Invesco S&P SmallCap Financials ETF

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.