Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) Short Interest Update

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 1,800 shares, a drop of 21.7% from the November 30th total of 2,300 shares. Based on an average daily volume of 3,300 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On Invesco S&P SmallCap Financials ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Riggs Asset Managment Co. Inc. acquired a new stake in shares of Invesco S&P SmallCap Financials ETF in the third quarter worth approximately $28,000. Harbor Capital Advisors Inc. increased its position in Invesco S&P SmallCap Financials ETF by 17.2% during the third quarter. Harbor Capital Advisors Inc. now owns 4,699 shares of the company’s stock worth $260,000 after purchasing an additional 688 shares during the last quarter. Kessler Investment Group LLC raised its stake in Invesco S&P SmallCap Financials ETF by 939.0% during the third quarter. Kessler Investment Group LLC now owns 4,738 shares of the company’s stock worth $262,000 after purchasing an additional 4,282 shares during the period. Gladstone Institutional Advisory LLC boosted its holdings in shares of Invesco S&P SmallCap Financials ETF by 6.4% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 8,278 shares of the company’s stock valued at $458,000 after purchasing an additional 496 shares during the last quarter. Finally, Atlas Wealth LLC purchased a new stake in shares of Invesco S&P SmallCap Financials ETF during the 3rd quarter valued at $538,000.

Invesco S&P SmallCap Financials ETF Stock Performance

Shares of NASDAQ PSCF opened at $55.29 on Friday. The firm has a market cap of $22.12 million, a P/E ratio of 13.50 and a beta of 1.03. Invesco S&P SmallCap Financials ETF has a 1 year low of $44.43 and a 1 year high of $62.24. The firm’s 50 day moving average price is $58.31 and its 200 day moving average price is $54.46.

Invesco S&P SmallCap Financials ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.5416 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco S&P SmallCap Financials ETF Company Profile

PowerShares S&P SmallCap Financials Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the index called the S&P SmallCap 600 Capped Financials Index (the Underlying Index). The Underlying Index consists of common stocks of the United States financial service companies that are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services.