Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) Short Interest Update

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) was the recipient of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 1,700 shares, a growth of 750.0% from the September 15th total of 200 shares. Based on an average daily volume of 1,600 shares, the short-interest ratio is currently 1.1 days. Based on an average daily volume of 1,600 shares, the short-interest ratio is currently 1.1 days.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. purchased a new stake in Invesco S&P SmallCap Financials ETF in the 1st quarter worth approximately $220,000. Virtu Financial LLC purchased a new stake in Invesco S&P SmallCap Financials ETF in the 1st quarter worth approximately $351,000. Cambridge Investment Research Advisors Inc. bought a new position in shares of Invesco S&P SmallCap Financials ETF during the 1st quarter valued at $503,000. Jones Financial Companies Lllp raised its holdings in shares of Invesco S&P SmallCap Financials ETF by 2,000.8% during the 1st quarter. Jones Financial Companies Lllp now owns 21,449 shares of the company’s stock valued at $1,197,000 after purchasing an additional 20,428 shares in the last quarter. Finally, Harbor Capital Advisors Inc. raised its holdings in shares of Invesco S&P SmallCap Financials ETF by 19.6% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 38,632 shares of the company’s stock valued at $2,097,000 after purchasing an additional 6,333 shares in the last quarter.

Invesco S&P SmallCap Financials ETF Stock Performance

Invesco S&P SmallCap Financials ETF stock opened at $55.12 on Friday. Invesco S&P SmallCap Financials ETF has a 52 week low of $45.14 and a 52 week high of $62.24. The firm has a market capitalization of $18.19 million, a price-to-earnings ratio of 15.25 and a beta of 1.03. The company has a 50 day moving average price of $57.51 and a 200 day moving average price of $54.34.

Invesco S&P SmallCap Financials ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were given a $0.418 dividend. This represents a $1.67 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Monday, September 22nd. This is a positive change from Invesco S&P SmallCap Financials ETF’s previous quarterly dividend of $0.34.

Invesco S&P SmallCap Financials ETF Company Profile

PowerShares S&P SmallCap Financials 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 Financials Index (the Underlying Index). The Underlying Index consists of common stocks of the United States financial service companies that are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services.