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

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) was the target of a large drop in short interest in September. As of September 15th, there was short interest totalling 600 shares, a drop of 25.0% from the August 31st total of 800 shares. Based on an average trading volume of 2,600 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Invesco S&P SmallCap Financials ETF

Several large investors have recently bought and sold shares of PSCF. Cambridge Investment Research Advisors Inc. bought a new position in Invesco S&P SmallCap Financials ETF during the 4th quarter valued at $1,558,000. Virtu Financial LLC purchased a new stake in shares of Invesco S&P SmallCap Financials ETF during the 1st quarter valued at $876,000. Finally, Harbor Capital Advisors Inc. purchased a new stake in shares of Invesco S&P SmallCap Financials ETF during the 2nd quarter valued at $191,000.

Invesco S&P SmallCap Financials ETF Stock Up 0.2 %

NASDAQ:PSCF traded up $0.09 during trading hours on Friday, hitting $54.99. 1,703 shares of the company traded hands, compared to its average volume of 1,957. The firm’s 50-day simple moving average is $53.94 and its 200-day simple moving average is $49.71. Invesco S&P SmallCap Financials ETF has a one year low of $38.34 and a one year high of $56.92. The company has a market cap of $20.35 million, a PE ratio of 13.50 and a beta of 1.03.

Invesco S&P SmallCap Financials ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a dividend of $0.37 per share. The ex-dividend date was Monday, September 23rd. This is a boost from Invesco S&P SmallCap Financials ETF’s previous quarterly dividend of $0.18. This represents a $1.48 annualized dividend and a yield of 2.69%.

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.