Short Interest in Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Increases By 160.0%

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 1,300 shares, a growth of 160.0% from the June 30th total of 500 shares. Based on an average trading volume of 6,100 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Invesco S&P SmallCap Industrials ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of PSCI. Harbor Capital Advisors Inc. bought a new stake in Invesco S&P SmallCap Industrials ETF during the 2nd quarter valued at $73,000. Valley National Advisers Inc. bought a new stake in shares of Invesco S&P SmallCap Industrials ETF in the 4th quarter worth $137,000. TFG Advisers LLC bought a new stake in shares of Invesco S&P SmallCap Industrials ETF in the 4th quarter worth $225,000. Cookson Peirce & Co. Inc. bought a new stake in shares of Invesco S&P SmallCap Industrials ETF in the 4th quarter worth $225,000. Finally, Stratos Wealth Partners LTD. bought a new stake in shares of Invesco S&P SmallCap Industrials ETF in the 4th quarter worth $225,000.

Invesco S&P SmallCap Industrials ETF Price Performance

Shares of Invesco S&P SmallCap Industrials ETF stock traded up $2.28 during trading on Friday, reaching $133.02. 8,355 shares of the company traded hands, compared to its average volume of 7,311. Invesco S&P SmallCap Industrials ETF has a 1-year low of $93.45 and a 1-year high of $133.21. The company has a 50 day moving average price of $123.13 and a 200-day moving average price of $120.70. The firm has a market capitalization of $196.87 million, a PE ratio of 18.19 and a beta of 1.24.

Invesco S&P SmallCap Industrials ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were paid a dividend of $0.1428 per share. The ex-dividend date of this dividend was Monday, June 24th. This represents a $0.57 dividend on an annualized basis and a yield of 0.43%.

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.