Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Short Interest Up 350.0% in April

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 6,300 shares, an increase of 350.0% from the March 31st total of 1,400 shares. Based on an average trading volume of 8,400 shares, the short-interest ratio is currently 0.8 days.

Institutional Trading of Invesco S&P SmallCap Industrials ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Private Trust Co. NA purchased a new stake in shares of Invesco S&P SmallCap Industrials ETF in the third quarter worth $31,000. Valley National Advisers Inc. purchased a new stake in Invesco S&P SmallCap Industrials ETF during the 4th quarter valued at about $137,000. Cookson Peirce & Co. Inc. bought a new stake in Invesco S&P SmallCap Industrials ETF during the 4th quarter valued at about $225,000. Stratos Wealth Partners LTD. bought a new stake in Invesco S&P SmallCap Industrials ETF during the 4th quarter valued at about $225,000. Finally, TFG Advisers LLC purchased a new position in Invesco S&P SmallCap Industrials ETF in the fourth quarter worth about $225,000.

Invesco S&P SmallCap Industrials ETF Price Performance

NASDAQ:PSCI traded down $0.51 during mid-day trading on Thursday, hitting $120.84. 4,654 shares of the company’s stock were exchanged, compared to its average volume of 8,054. Invesco S&P SmallCap Industrials ETF has a one year low of $88.81 and a one year high of $127.62. The business has a fifty day moving average price of $121.60 and a 200 day moving average price of $112.34. The company has a market cap of $184.89 million, a PE ratio of 17.95 and a beta of 1.24.

Invesco S&P SmallCap Industrials ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were given a $0.1799 dividend. The ex-dividend date was Monday, March 18th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.60%.

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.