Short Interest in Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) Rises By 50.0%

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) was the target of a significant growth in short interest in the month of February. As of February 15th, there was short interest totalling 900 shares, a growth of 50.0% from the January 31st total of 600 shares. Based on an average daily trading volume, of 3,300 shares, the short-interest ratio is presently 0.3 days.

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

A number of institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its holdings in Invesco S&P SmallCap Financials ETF by 34.0% in the 4th quarter. Bank of America Corp DE now owns 5,290 shares of the company’s stock valued at $293,000 after purchasing an additional 1,341 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Invesco S&P SmallCap Financials ETF in the 4th quarter valued at approximately $290,000. LPL Financial LLC boosted its holdings in Invesco S&P SmallCap Financials ETF by 13.1% in the 4th quarter. LPL Financial LLC now owns 5,945 shares of the company’s stock valued at $329,000 after purchasing an additional 687 shares in the last quarter. Atlas Wealth LLC boosted its holdings in Invesco S&P SmallCap Financials ETF by 15.5% in the 4th quarter. Atlas Wealth LLC now owns 11,225 shares of the company’s stock valued at $621,000 after purchasing an additional 1,505 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in Invesco S&P SmallCap Financials ETF by 343.9% in the 4th quarter. Jones Financial Companies Lllp now owns 1,021 shares of the company’s stock valued at $56,000 after purchasing an additional 791 shares in the last quarter.

Invesco S&P SmallCap Financials ETF Trading Down 2.4 %

Shares of PSCF traded down $1.31 during mid-day trading on Tuesday, hitting $54.05. 2,623 shares of the company’s stock were exchanged, compared to its average volume of 2,297. Invesco S&P SmallCap Financials ETF has a fifty-two week low of $44.43 and a fifty-two week high of $62.24. The firm has a market capitalization of $18.92 million, a P/E ratio of 16.41 and a beta of 1.03. The business’s 50 day moving average is $55.73 and its two-hundred day moving average is $56.35.

Invesco S&P SmallCap Financials ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.5416 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.