Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM – Get Free Report) saw a large growth in short interest in September. As of September 15th, there was short interest totalling 3,800 shares, a growth of 22.6% from the August 31st total of 3,100 shares. Based on an average trading volume of 1,300 shares, the short-interest ratio is presently 2.9 days.
Institutional Investors Weigh In On Invesco S&P SmallCap Materials ETF
An institutional investor recently raised its position in Invesco S&P SmallCap Materials ETF stock. Virtu Financial LLC boosted its position in Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM – Free Report) by 23.3% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 15,328 shares of the company’s stock after purchasing an additional 2,893 shares during the period. Virtu Financial LLC owned about 6.97% of Invesco S&P SmallCap Materials ETF worth $1,145,000 as of its most recent filing with the SEC.
Invesco S&P SmallCap Materials ETF Trading Up 0.9 %
Shares of NASDAQ PSCM traded up $0.71 during mid-day trading on Friday, hitting $80.37. The company had a trading volume of 293 shares, compared to its average volume of 1,268. The company has a market capitalization of $17.68 million, a PE ratio of 14.55 and a beta of 1.29. The firm has a 50-day simple moving average of $77.09 and a two-hundred day simple moving average of $76.69. Invesco S&P SmallCap Materials ETF has a one year low of $58.45 and a one year high of $83.31.
Invesco S&P SmallCap Materials ETF Cuts Dividend
Invesco S&P SmallCap Materials ETF Company Profile
PowerShares S&P SmallCap Materials Portfolio (the Fund) is based on the S&P SmallCap 600 Capped Materials Index (Index). The Index is designed to measure the overall performance of common stocks of United States basic materials companies. These companies are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals.
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