Short Interest in Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Rises By 300.0%

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) saw a large growth in short interest in March. As of March 31st, there was short interest totalling 1,600 shares, a growth of 300.0% from the March 15th total of 400 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 15,900 shares, the days-to-cover ratio is currently 0.1 days.

Invesco S&P SmallCap Industrials ETF Stock Performance

Shares of NASDAQ:PSCI opened at $111.53 on Thursday. The firm has a market cap of $118.22 million, a price-to-earnings ratio of 21.92 and a beta of 1.16. The business has a 50-day simple moving average of $123.34 and a two-hundred day simple moving average of $133.19. Invesco S&P SmallCap Industrials ETF has a fifty-two week low of $103.54 and a fifty-two week high of $150.72.

Invesco S&P SmallCap Industrials ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.1867 per share. The ex-dividend date of this dividend was Monday, March 24th.

Institutional Investors Weigh In On Invesco S&P SmallCap Industrials ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp lifted its holdings in shares of Invesco S&P SmallCap Industrials ETF by 542.5% during the 4th quarter. Jones Financial Companies Lllp now owns 257 shares of the company’s stock valued at $35,000 after buying an additional 217 shares during the period. Avion Wealth bought a new position in Invesco S&P SmallCap Industrials ETF in the fourth quarter valued at about $67,000. Savant Capital LLC purchased a new position in Invesco S&P SmallCap Industrials ETF in the fourth quarter worth about $214,000. Gladstone Institutional Advisory LLC bought a new stake in shares of Invesco S&P SmallCap Industrials ETF during the 4th quarter valued at about $226,000. Finally, Elm3 Financial Group LLC purchased a new stake in shares of Invesco S&P SmallCap Industrials ETF during the 4th quarter valued at about $245,000.

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.