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

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 226 shares, a decrease of 48.8% from the May 31st total of 441 shares. Based on an average trading volume of 5,571 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Trading of Invesco S&P SmallCap Industrials ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Independent Wealth Advisors LLC raised its position in shares of Invesco S&P SmallCap Industrials ETF by 18.6% in the 1st quarter. Independent Wealth Advisors LLC now owns 9,053 shares of the company’s stock worth $1,400,000 after buying an additional 1,422 shares during the period. Bank of America Corp DE grew its position 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 valued at $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 increased its stake 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 last quarter. Finally, Independent Wealth Network Inc. purchased a new position in shares of Invesco S&P SmallCap Industrials ETF in the 1st quarter worth about $835,000.

Invesco S&P SmallCap Industrials ETF Stock Down 1.4%

Shares of PSCI traded down $2.55 during mid-day trading on Wednesday, hitting $183.51. The company had a trading volume of 2,925 shares, compared to its average volume of 5,359. The business’s 50-day simple moving average is $172.87 and its 200-day simple moving average is $165.54. Invesco S&P SmallCap Industrials ETF has a 1-year low of $135.05 and a 1-year high of $186.90. The stock has a market cap of $183.51 million, a PE ratio of 23.47 and a beta of 1.15.

Invesco S&P SmallCap Industrials ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were paid a dividend of $0.196 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $0.78 annualized dividend and a dividend yield of 0.4%.

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.