Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) Short Interest Down 75.0% in March

Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) was the recipient of a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 200 shares, a decline of 75.0% from the March 15th total of 800 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Invesco S&P SmallCap Utilities & Communication Services ETF

Several large investors have recently added to or reduced their stakes in the company. SMART Wealth LLC purchased a new position in shares of Invesco S&P SmallCap Utilities & Communication Services ETF in the 3rd quarter worth about $784,000. Harbor Capital Advisors Inc. purchased a new position in Invesco S&P SmallCap Utilities & Communication Services ETF during the 1st quarter valued at about $696,000. Jane Street Group LLC bought a new stake in Invesco S&P SmallCap Utilities & Communication Services ETF in the third quarter worth $413,000. Virtu Financial LLC raised its holdings in Invesco S&P SmallCap Utilities & Communication Services ETF by 181.3% in the fourth quarter. Virtu Financial LLC now owns 9,285 shares of the company’s stock worth $550,000 after buying an additional 5,984 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its holdings in Invesco S&P SmallCap Utilities & Communication Services ETF by 48.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 12,791 shares of the company’s stock worth $758,000 after buying an additional 4,203 shares in the last quarter.

Invesco S&P SmallCap Utilities & Communication Services ETF Stock Down 0.1 %

PSCU traded down $0.07 during midday trading on Wednesday, hitting $54.17. 610 shares of the company were exchanged, compared to its average volume of 2,753. Invesco S&P SmallCap Utilities & Communication Services ETF has a 1-year low of $48.23 and a 1-year high of $67.23. The firm’s 50 day moving average price is $56.96 and its 200-day moving average price is $59.62. The firm has a market capitalization of $13.00 million, a P/E ratio of 18.17 and a beta of 0.80.

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

The firm also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.1078 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.