Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) Stock Short Interest Report for September

Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) was the target of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 8,922 shares, a decrease of 61.0% from the September 15th total of 22,892 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average daily volume of 11,510 shares, the short-interest ratio is currently 0.8 days.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC grew its stake in shares of Invesco S&P SmallCap Energy ETF by 1.0% during the first quarter. Kestra Advisory Services LLC now owns 16,178 shares of the company’s stock worth $986,000 after acquiring an additional 159 shares during the last quarter. First Growth Capital LLC raised its position in shares of Invesco S&P SmallCap Energy ETF by 7.4% in the 1st quarter. First Growth Capital LLC now owns 9,371 shares of the company’s stock valued at $554,000 after purchasing an additional 649 shares during the last quarter. Parr Mcknight Wealth Management Group LLC acquired a new stake in Invesco S&P SmallCap Energy ETF in the 1st quarter worth approximately $457,000. Walkner Condon Financial Advisors LLC boosted its stake in Invesco S&P SmallCap Energy ETF by 15.8% in the 1st quarter. Walkner Condon Financial Advisors LLC now owns 5,796 shares of the company’s stock worth $343,000 after purchasing an additional 790 shares in the last quarter. Finally, Farther Finance Advisors LLC acquired a new stake in Invesco S&P SmallCap Energy ETF in the 3rd quarter worth approximately $178,000.

Invesco S&P SmallCap Energy ETF Trading Up 1.6%

Shares of PSCE stock traded up $0.99 during trading hours on Tuesday, reaching $61.41. 20,206 shares of the company’s stock were exchanged, compared to its average volume of 34,507. Invesco S&P SmallCap Energy ETF has a fifty-two week low of $40.67 and a fifty-two week high of $65.26. The stock’s 50 day moving average is $61.02 and its 200-day moving average is $59.69. The company has a market cap of $108.08 million, a price-to-earnings ratio of 9.69 and a beta of 0.85.

Invesco S&P SmallCap Energy ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were given a dividend of $0.4107 per share. The ex-dividend date of this dividend was Monday, September 21st. This represents a $1.64 annualized dividend and a yield of 2.7%. This is an increase from Invesco S&P SmallCap Energy ETF’s previous quarterly dividend of $0.4104.

Invesco S&P SmallCap Energy ETF Company Profile

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.