Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Shares Shorted: Short Interest Down 96.2% in September

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 88 shares, a drop of 96.2% from the August 31st total of 2,331 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 82,401 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On Invesco S&P SmallCap Industrials ETF

Several institutional investors and hedge funds have recently bought and sold shares of PSCI. Bank of America Corp DE increased its holdings in shares of Invesco S&P SmallCap Industrials ETF by 3.9% in the 1st quarter. Bank of America Corp DE now owns 161,114 shares of the company’s stock valued at $24,913,000 after purchasing an additional 6,005 shares during the period. TOP Private Wealth LLC. acquired a new stake in shares of Invesco S&P SmallCap Industrials ETF during the second quarter worth approximately $5,570,000. Parr Mcknight Wealth Management Group LLC acquired a new stake in shares of Invesco S&P SmallCap Industrials ETF during the first quarter worth approximately $1,547,000. Independent Wealth Advisors LLC boosted its holdings in shares of Invesco S&P SmallCap Industrials ETF by 18.6% during the first quarter. Independent Wealth Advisors LLC now owns 9,053 shares of the company’s stock worth $1,400,000 after purchasing an additional 1,422 shares during the period. Finally, Citadel Advisors LLC purchased a new position in Invesco S&P SmallCap Industrials ETF during the second quarter valued at approximately $1,156,000.

Invesco S&P SmallCap Industrials ETF Stock Performance

Shares of PSCI stock traded down $0.82 on Thursday, reaching $162.87. 21,799 shares of the company’s stock traded hands, compared to its average volume of 9,763. Invesco S&P SmallCap Industrials ETF has a 12-month low of $138.89 and a 12-month high of $187.05. The company has a market capitalization of $278.51 million, a P/E ratio of 23.47 and a beta of 1.14. The business’s 50 day moving average price is $174.75 and its two-hundred day moving average price is $170.88.

Invesco S&P SmallCap Industrials ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Monday, September 21st will be given a dividend of $0.2063 per share. This represents a $0.83 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Monday, September 21st. This is a boost from Invesco S&P SmallCap Industrials ETF’s previous quarterly dividend of $0.1960.

Invesco S&P SmallCap Industrials ETF Company Profile

PowerShares S&P SmallCap Industrials 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 Industrials Index (the Underlying Index). The Underlying Index consists of common stocks of the United States industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering, heavy machinery, construction, electrical equipment, aerospace and defense, and general manufacturing.