Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) Short Interest Update

Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) saw a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 3,400 shares, a decline of 59.0% from the February 29th total of 8,300 shares. Based on an average daily volume of 18,600 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of Invesco S&P SmallCap Energy ETF

Hedge funds have recently made changes to their positions in the stock. Larson Financial Group LLC purchased a new stake in shares of Invesco S&P SmallCap Energy ETF during the fourth quarter worth $47,000. Insight Wealth Strategies LLC acquired a new position in Invesco S&P SmallCap Energy ETF in the 3rd quarter worth about $204,000. Pekin Hardy Strauss Inc. purchased a new stake in shares of Invesco S&P SmallCap Energy ETF during the 3rd quarter worth about $249,000. Financial Advocates Investment Management acquired a new stake in shares of Invesco S&P SmallCap Energy ETF during the 3rd quarter valued at about $254,000. Finally, Tower Research Capital LLC TRC bought a new stake in shares of Invesco S&P SmallCap Energy ETF in the 4th quarter valued at approximately $267,000.

Invesco S&P SmallCap Energy ETF Stock Performance

NASDAQ:PSCE traded up $0.68 during trading hours on Thursday, hitting $55.78. 13,974 shares of the company’s stock traded hands, compared to its average volume of 18,847. The stock’s fifty day moving average price is $51.72 and its two-hundred day moving average price is $52.78. The firm has a market cap of $240.97 million, a P/E ratio of 12.52 and a beta of 1.95. Invesco S&P SmallCap Energy ETF has a twelve month low of $41.53 and a twelve month high of $59.67.

Invesco S&P SmallCap Energy ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were paid a dividend of $0.1793 per share. The ex-dividend date was Monday, March 18th. This represents a $0.72 annualized dividend and a yield of 1.29%.

Invesco S&P SmallCap Energy ETF Company Profile

PowerShares S&P SmallCap Energy 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 Energy Index (the Underlying Index). The Underlying Index consists of common stocks of the United States energy companies that are principally engaged in the business of producing, distributing or servicing energy-related products, including oil and gas exploration and production, refining, oil services, pipeline, and solar, wind and other non-oil-based energy.