Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) Short Interest Up 107.7% in May

Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE – Get Rating) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totalling 89,100 shares, an increase of 107.7% from the April 30th total of 42,900 shares. Based on an average daily volume of 518,300 shares, the short-interest ratio is presently 0.2 days.

Shares of Invesco S&P SmallCap Energy ETF stock traded up $0.28 during trading on Friday, hitting $11.37. The stock had a trading volume of 1,200 shares, compared to its average volume of 536,062. Invesco S&P SmallCap Energy ETF has a 12 month low of $5.58 and a 12 month high of $11.23. The firm’s fifty day simple moving average is $10.09 and its 200-day simple moving average is $8.67.

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 31st. Stockholders of record on Tuesday, March 22nd were given a $0.014 dividend. This represents a $0.06 annualized dividend and a dividend yield of 0.49%. The ex-dividend date was Monday, March 21st. This is a boost from Invesco S&P SmallCap Energy ETF’s previous quarterly dividend of $0.01.

Institutional investors and hedge funds have recently made changes to their positions in the company. Morgan Stanley increased its stake in Invesco S&P SmallCap Energy ETF by 313.6% during the 2nd quarter. Morgan Stanley now owns 2,635,204 shares of the company’s stock valued at $21,161,000 after purchasing an additional 1,998,007 shares in the last quarter. Wolverine Trading LLC acquired a new stake in shares of Invesco S&P SmallCap Energy ETF in the third quarter worth $99,000. Royal Bank of Canada increased its stake in shares of Invesco S&P SmallCap Energy ETF by 123.6% in the third quarter. Royal Bank of Canada now owns 191,110 shares of the company’s stock worth $1,455,000 after acquiring an additional 105,645 shares during the period. Flow Traders U.S. LLC acquired a new stake in shares of Invesco S&P SmallCap Energy ETF in the third quarter worth $634,000. Finally, MML Investors Services LLC grew its position in Invesco S&P SmallCap Energy ETF by 209.5% during the third quarter. MML Investors Services LLC now owns 33,659 shares of the company’s stock valued at $256,000 after buying an additional 22,784 shares during the period.

About Invesco S&P SmallCap Energy ETF (Get Rating)

PowerShares S&P SmallCap Energy 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 Energy Index (the Underlying Index). The Underlying Index consists of common stocks of the United States energy companies that are principally engaged in the business of producing, distributing or servicing energy-related products, including oil and gas exploration and production, refining, oil services, pipeline, and solar, wind and other non-oil-based energy.

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