Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Short Interest Down 46.2% in May

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI – Get Rating) saw a large decline in short interest in May. As of May 15th, there was short interest totalling 700 shares, a decline of 46.2% from the April 30th total of 1,300 shares. Based on an average daily volume of 4,800 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Invesco S&P SmallCap Industrials ETF

Several hedge funds have recently modified their holdings of PSCI. AlphaMark Advisors LLC raised its holdings in shares of Invesco S&P SmallCap Industrials ETF by 192.6% during the 1st quarter. AlphaMark Advisors LLC now owns 354 shares of the company’s stock worth $34,000 after acquiring an additional 233 shares in the last quarter. Lakewood Asset Management LLC bought a new position in shares of Invesco S&P SmallCap Industrials ETF during the 4th quarter valued at approximately $41,000. JPMorgan Chase & Co. bought a new position in shares of Invesco S&P SmallCap Industrials ETF during the 2nd quarter valued at approximately $49,000. Stifel Financial Corp bought a new position in shares of Invesco S&P SmallCap Industrials ETF during the 1st quarter valued at approximately $211,000. Finally, LPL Financial LLC increased its position in shares of Invesco S&P SmallCap Industrials ETF by 10.6% during the 2nd quarter. LPL Financial LLC now owns 4,409 shares of the company’s stock valued at $359,000 after purchasing an additional 422 shares during the last quarter.

Invesco S&P SmallCap Industrials ETF Trading Up 0.2 %

NASDAQ PSCI opened at $93.89 on Friday. The stock’s 50 day moving average is $93.15 and its 200 day moving average is $94.40. Invesco S&P SmallCap Industrials ETF has a 12 month low of $76.90 and a 12 month high of $101.42. The stock has a market cap of $73.24 million, a PE ratio of 12.03 and a beta of 1.24.

Invesco S&P SmallCap Industrials ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 24th. Investors of record on Tuesday, March 21st were issued a $0.169 dividend. The ex-dividend date was Monday, March 20th. This represents a $0.68 dividend on an annualized basis and a yield of 0.72%.

Invesco S&P SmallCap Industrials ETF Company Profile

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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.