Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) Short Interest Update

Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 64 shares, a decline of 97.8% from the May 14th total of 2,878 shares. Based on an average daily trading volume, of 1,251 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

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

Shares of NASDAQ:PSCU traded up $0.09 on Tuesday, reaching $64.38. The company had a trading volume of 293 shares, compared to its average volume of 4,919. Invesco S&P SmallCap Utilities & Communication Services ETF has a twelve month low of $53.43 and a twelve month high of $66.85. The stock has a 50-day moving average price of $64.27 and a 200 day moving average price of $60.41. The stock has a market capitalization of $15.45 million, a P/E ratio of 18.18 and a beta of 0.73.

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

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a $0.1155 dividend. The ex-dividend date of this dividend was Monday, March 23rd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.7%.

Institutional Trading of Invesco S&P SmallCap Utilities & Communication Services ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Parr Mcknight Wealth Management Group LLC acquired a new stake in shares of Invesco S&P SmallCap Utilities & Communication Services ETF in the first quarter worth about $501,000. IHT Wealth Management LLC lifted its position in shares of Invesco S&P SmallCap Utilities & Communication Services ETF by 121.7% in the fourth quarter. IHT Wealth Management LLC now owns 22,259 shares of the company’s stock worth $1,280,000 after buying an additional 12,219 shares during the last quarter. Advisory Services Network LLC acquired a new position in shares of Invesco S&P SmallCap Utilities & Communication Services ETF during the 3rd quarter worth about $58,000. Virtu Financial LLC lifted its position in shares of Invesco S&P SmallCap Utilities & Communication Services ETF by 51.8% during the 3rd quarter. Virtu Financial LLC now owns 12,837 shares of the company’s stock worth $738,000 after purchasing an additional 4,378 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its position in shares of Invesco S&P SmallCap Utilities & Communication Services ETF by 3.0% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,999 shares of the company’s stock worth $389,000 after purchasing an additional 202 shares during the last quarter.

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.