Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Short Interest Up 120.0% in March

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 13,200 shares, a growth of 120.0% from the February 29th total of 6,000 shares. Based on an average daily volume of 7,700 shares, the short-interest ratio is currently 1.7 days.

Institutional Trading of Invesco S&P SmallCap Industrials ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Truist Financial Corp raised its holdings in Invesco S&P SmallCap Industrials ETF by 2.4% during the 4th quarter. Truist Financial Corp now owns 7,599 shares of the company’s stock valued at $881,000 after buying an additional 180 shares during the last quarter. Private Advisor Group LLC raised its stake in shares of Invesco S&P SmallCap Industrials ETF by 2.4% during the fourth quarter. Private Advisor Group LLC now owns 10,357 shares of the company’s stock valued at $1,201,000 after acquiring an additional 241 shares during the last quarter. UBS Group AG boosted its holdings in shares of Invesco S&P SmallCap Industrials ETF by 0.5% during the third quarter. UBS Group AG now owns 51,249 shares of the company’s stock worth $5,097,000 after purchasing an additional 245 shares during the period. Harbor Capital Advisors Inc. grew its stake in shares of Invesco S&P SmallCap Industrials ETF by 5.6% in the third quarter. Harbor Capital Advisors Inc. now owns 5,559 shares of the company’s stock worth $553,000 after purchasing an additional 296 shares during the last quarter. Finally, Private Trust Co. NA bought a new stake in shares of Invesco S&P SmallCap Industrials ETF in the third quarter worth about $31,000.

Invesco S&P SmallCap Industrials ETF Trading Up 0.3 %

Shares of NASDAQ:PSCI traded up $0.41 during trading on Thursday, reaching $126.87. The company had a trading volume of 6,088 shares, compared to its average volume of 7,941. The company has a fifty day moving average of $118.72 and a two-hundred day moving average of $109.23. The stock has a market capitalization of $178.89 million, a P/E ratio of 12.03 and a beta of 1.24. Invesco S&P SmallCap Industrials ETF has a 12 month low of $88.81 and a 12 month high of $127.62.

Invesco S&P SmallCap Industrials ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a $0.1799 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date of this dividend was Monday, March 18th.

About Invesco S&P SmallCap Industrials ETF

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.