Short Interest in Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) Expands By 162.0%

Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 13,100 shares, a growth of 162.0% from the August 31st total of 5,000 shares. Based on an average daily trading volume, of 35,400 shares, the days-to-cover ratio is currently 0.4 days.

Invesco S&P SmallCap Energy ETF Stock Performance

Shares of NASDAQ PSCE opened at $48.68 on Friday. Invesco S&P SmallCap Energy ETF has a 52-week low of $45.13 and a 52-week high of $59.02. The business has a fifty day moving average of $50.98 and a two-hundred day moving average of $53.09. The stock has a market cap of $153.34 million, a PE ratio of 34.07 and a beta of 1.95.

Invesco S&P SmallCap Energy ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a $0.283 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This is a positive change from Invesco S&P SmallCap Energy ETF’s previous quarterly dividend of $0.19. This represents a $1.13 dividend on an annualized basis and a yield of 2.33%.

Institutional Trading of Invesco S&P SmallCap Energy ETF

Several large investors have recently added to or reduced their stakes in the company. Jaffetilchin Investment Partners LLC bought a new stake in shares of Invesco S&P SmallCap Energy ETF during the first quarter worth $308,000. PFG Advisors bought a new stake in Invesco S&P SmallCap Energy ETF during the 1st quarter worth about $364,000. U.S. Capital Wealth Advisors LLC increased its position in Invesco S&P SmallCap Energy ETF by 6.2% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 15,281 shares of the company’s stock valued at $804,000 after acquiring an additional 896 shares in the last quarter. Blair William & Co. IL increased its position in Invesco S&P SmallCap Energy ETF by 3.9% in the 2nd quarter. Blair William & Co. IL now owns 18,173 shares of the company’s stock valued at $956,000 after acquiring an additional 687 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in shares of Invesco S&P SmallCap Energy ETF by 5.7% during the first quarter. Commonwealth Equity Services LLC now owns 25,120 shares of the company’s stock worth $1,401,000 after purchasing an additional 1,347 shares in the last quarter.

About Invesco S&P SmallCap Energy ETF

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.