Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) Short Interest Update

Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totalling 200 shares, a decline of 75.0% from the March 15th total of 800 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 1,700 shares, the short-interest ratio is currently 0.1 days.

Invesco S&P SmallCap Utilities & Communication Services ETF Stock Up 1.3 %

NASDAQ PSCU opened at $54.08 on Tuesday. Invesco S&P SmallCap Utilities & Communication Services ETF has a twelve month low of $48.23 and a twelve month high of $67.23. The business has a 50-day moving average price of $57.07 and a 200-day moving average price of $59.66. The firm has a market cap of $12.98 million, a price-to-earnings ratio of 18.17 and a beta of 0.80.

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

The firm also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a $0.1078 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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

A number of institutional investors have recently added to or reduced their stakes in the stock. Virtu Financial LLC purchased a new position in shares of Invesco S&P SmallCap Utilities & Communication Services ETF in the third quarter worth $200,000. Jane Street Group LLC bought a new stake in Invesco S&P SmallCap Utilities & Communication Services ETF in the 3rd quarter valued at $413,000. Citadel Advisors LLC lifted its stake in Invesco S&P SmallCap Utilities & Communication Services ETF by 62.6% in the 4th quarter. Citadel Advisors LLC now owns 8,224 shares of the company’s stock worth $488,000 after purchasing an additional 3,166 shares in the last quarter. Harbor Capital Advisors Inc. bought a new position in shares of Invesco S&P SmallCap Utilities & Communication Services ETF during the 1st quarter valued at about $696,000. Finally, Tower Research Capital LLC TRC grew its position in shares of Invesco S&P SmallCap Utilities & Communication Services ETF by 48.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 12,791 shares of the company’s stock valued at $758,000 after purchasing an additional 4,203 shares in the last quarter.

About Invesco S&P SmallCap Utilities & Communication Services ETF

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.