Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Short Interest Update

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totalling 900 shares, a growth of 50.0% from the August 31st total of 600 shares. Based on an average daily volume of 6,400 shares, the days-to-cover ratio is currently 0.1 days.

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

Institutional investors and hedge funds have recently modified their holdings of the company. RiverFront Investment Group LLC raised its position in Invesco S&P SmallCap Industrials ETF by 10.6% during the 2nd quarter. RiverFront Investment Group LLC now owns 136,872 shares of the company’s stock worth $16,433,000 after buying an additional 13,118 shares during the last quarter. Private Advisor Group LLC boosted its holdings in Invesco S&P SmallCap Industrials ETF by 112.2% in the first quarter. Private Advisor Group LLC now owns 21,973 shares of the company’s stock valued at $2,788,000 after purchasing an additional 11,616 shares during the last quarter. US Bancorp DE boosted its holdings in Invesco S&P SmallCap Industrials ETF by 400.5% in the first quarter. US Bancorp DE now owns 10,086 shares of the company’s stock valued at $1,280,000 after purchasing an additional 8,071 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Invesco S&P SmallCap Industrials ETF by 2.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 189,026 shares of the company’s stock worth $22,694,000 after purchasing an additional 4,421 shares during the period. Finally, Raymond James & Associates raised its stake in shares of Invesco S&P SmallCap Industrials ETF by 3.2% during the 2nd quarter. Raymond James & Associates now owns 73,759 shares of the company’s stock valued at $8,856,000 after buying an additional 2,280 shares during the last quarter.

Invesco S&P SmallCap Industrials ETF Stock Performance

PSCI stock traded up $0.80 on Friday, hitting $131.34. 2,792 shares of the company’s stock were exchanged, compared to its average volume of 6,917. The firm has a 50 day moving average price of $126.97 and a two-hundred day moving average price of $124.01. Invesco S&P SmallCap Industrials ETF has a 12-month low of $93.45 and a 12-month high of $136.28. The stock has a market cap of $195.70 million, a P/E ratio of 18.19 and a beta of 1.24.

Invesco S&P SmallCap Industrials ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a $0.318 dividend. This represents a $1.27 annualized dividend and a dividend yield of 0.97%. This is a boost from Invesco S&P SmallCap Industrials ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Monday, September 23rd.

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.