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

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 1,100 shares, a drop of 38.9% from the December 31st total of 1,800 shares. Based on an average trading volume of 2,900 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of Invesco S&P SmallCap Financials ETF

A number of hedge funds have recently bought and sold shares of PSCF. Gladstone Institutional Advisory LLC grew its stake in Invesco S&P SmallCap Financials ETF by 6.4% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 8,278 shares of the company’s stock worth $458,000 after buying an additional 496 shares during the last quarter. Riggs Asset Managment Co. Inc. acquired a new stake in Invesco S&P SmallCap Financials ETF during the 3rd quarter worth about $28,000. Harbor Capital Advisors Inc. raised its position in Invesco S&P SmallCap Financials ETF by 17.2% during the third quarter. Harbor Capital Advisors Inc. now owns 4,699 shares of the company’s stock valued at $260,000 after acquiring an additional 688 shares in the last quarter. Kessler Investment Group LLC grew its position in Invesco S&P SmallCap Financials ETF by 939.0% during the third quarter. Kessler Investment Group LLC now owns 4,738 shares of the company’s stock valued at $262,000 after buying an additional 4,282 shares during the period. Finally, J2 Capital Management Inc acquired a new position in Invesco S&P SmallCap Financials ETF in the 4th quarter worth about $257,000.

Invesco S&P SmallCap Financials ETF Trading Down 0.7 %

Shares of NASDAQ PSCF traded down $0.40 during trading hours on Wednesday, reaching $56.21. The stock had a trading volume of 4,540 shares, compared to its average volume of 3,047. Invesco S&P SmallCap Financials ETF has a 52-week low of $44.43 and a 52-week high of $62.24. The business’s fifty day moving average price is $57.23 and its two-hundred day moving average price is $55.78. The firm has a market cap of $19.67 million, a price-to-earnings ratio of 13.50 and a beta of 1.03.

Invesco S&P SmallCap Financials ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.5416 per share. The ex-dividend date was Monday, December 23rd.

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.