Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) Stock Short Interest Report for October

Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) was the recipient of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 3,893 shares, a growth of 1,948.9% from the October 15th total of 190 shares. Currently, 1.4% of the company’s stock are short sold. Based on an average daily volume of 4,626 shares, the days-to-cover ratio is currently 0.8 days.

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

An institutional investor recently bought a new stake in Invesco S&P SmallCap Utilities & Communication Services ETF stock. Parr Mcknight Wealth Management Group LLC purchased a new stake in Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 8,321 shares of the company’s stock, valued at approximately $501,000. Parr Mcknight Wealth Management Group LLC owned approximately 3.47% of Invesco S&P SmallCap Utilities & Communication Services ETF as of its most recent SEC filing.

Invesco S&P SmallCap Utilities & Communication Services ETF Price Performance

NASDAQ PSCU traded up $0.26 on Tuesday, hitting $62.34. 1,524 shares of the stock were exchanged, compared to its average volume of 3,318. Invesco S&P SmallCap Utilities & Communication Services ETF has a 52 week low of $55.93 and a 52 week high of $66.85. The company has a market capitalization of $17.45 million, a PE ratio of 13.79 and a beta of 0.76. The business’s fifty day moving average is $61.45 and its 200 day moving average is $62.48.

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

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were given a $0.1381 dividend. The ex-dividend date of this dividend was Monday, September 21st. This is a positive change from Invesco S&P SmallCap Utilities & Communication Services ETF’s previous quarterly dividend of $0.0282. This represents a $0.55 dividend on an annualized basis and a dividend yield of 0.9%.

Invesco S&P SmallCap Utilities & Communication Services ETF Company Profile

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.