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

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) was the target of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 1,355 shares, a decline of 61.9% from the July 15th total of 3,559 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 7,978 shares, the short-interest ratio is presently 0.2 days.

Invesco S&P SmallCap Financials ETF Stock Performance

Shares of NASDAQ PSCF traded up $0.18 during midday trading on Friday, hitting $67.85. 5,055 shares of the stock traded hands, compared to its average volume of 3,893. The firm has a market capitalization of $27.82 million, a P/E ratio of 15.25 and a beta of 0.93. Invesco S&P SmallCap Financials ETF has a one year low of $54.30 and a one year high of $68.60. The firm has a 50-day moving average of $65.67 and a two-hundred day moving average of $61.89.

Invesco S&P SmallCap Financials ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a dividend of $0.3128 per share. This represents a $1.25 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Monday, June 22nd.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Goldman Sachs Group Inc. bought a new stake in shares of Invesco S&P SmallCap Financials ETF during the 1st quarter valued at about $220,000. LPL Financial LLC lifted its stake in shares of Invesco S&P SmallCap Financials ETF by 5.9% in the 4th quarter. LPL Financial LLC now owns 5,472 shares of the company’s stock worth $315,000 after purchasing an additional 306 shares during the period. Virtu Financial LLC boosted its holdings in shares of Invesco S&P SmallCap Financials ETF by 21.6% in the third quarter. Virtu Financial LLC now owns 6,908 shares of the company’s stock worth $396,000 after buying an additional 1,229 shares during the last quarter. Tower Research Capital LLC TRC boosted its holdings in shares of Invesco S&P SmallCap Financials ETF by 13.5% in the third quarter. Tower Research Capital LLC TRC now owns 10,635 shares of the company’s stock worth $610,000 after buying an additional 1,263 shares during the last quarter. Finally, Hohimer Wealth Management LLC bought a new stake in Invesco S&P SmallCap Financials ETF during the fourth quarter valued at approximately $661,000.

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. The Underlying Index is compiled, maintained and calculated by Standard & Poor’s Financial Services LLC (Standard & Poor’s).