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

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) saw a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 1,355 shares, a decline of 61.9% from the July 15th total of 3,559 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 7,978 shares, the short-interest ratio is presently 0.2 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 company. Goldman Sachs Group Inc. bought a new position in Invesco S&P SmallCap Financials ETF during the first quarter valued at approximately $220,000. LPL Financial LLC increased its stake in shares of Invesco S&P SmallCap Financials ETF by 5.9% during the 4th quarter. LPL Financial LLC now owns 5,472 shares of the company’s stock worth $315,000 after purchasing an additional 306 shares during the last quarter. Virtu Financial LLC increased its stake in shares of Invesco S&P SmallCap Financials ETF by 21.6% during the 3rd quarter. Virtu Financial LLC now owns 6,908 shares of the company’s stock worth $396,000 after purchasing an additional 1,229 shares during the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of Invesco S&P SmallCap Financials ETF by 13.5% during the 3rd quarter. Tower Research Capital LLC TRC now owns 10,635 shares of the company’s stock valued at $610,000 after purchasing an additional 1,263 shares in the last quarter. Finally, Hohimer Wealth Management LLC acquired a new stake in shares of Invesco S&P SmallCap Financials ETF in the 4th quarter valued at $661,000.

Invesco S&P SmallCap Financials ETF Trading Up 0.7%

Shares of PSCF opened at $67.33 on Friday. The business’s 50-day moving average price is $65.54 and its 200 day moving average price is $61.84. The stock has a market capitalization of $27.61 million, a P/E ratio of 15.25 and a beta of 0.93. Invesco S&P SmallCap Financials ETF has a 1-year low of $54.30 and a 1-year high of $68.60.

Invesco S&P SmallCap Financials ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a dividend of $0.3128 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.25 dividend on an annualized basis and a dividend yield of 1.9%.

About Invesco S&P SmallCap Financials ETF

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. The Underlying Index is compiled, maintained and calculated by Standard & Poor’s Financial Services LLC (Standard & Poor’s).