Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) Short Interest Update

Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSCGet Free Report) was the recipient of a significant decline in short interest during the month of February. As of February 13th, there was short interest totaling 24,512 shares, a decline of 39.7% from the January 29th total of 40,649 shares. Based on an average daily volume of 206,571 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 206,571 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Principal U.S. Small-Cap Multi-Factor ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. First Horizon Advisors Inc. increased its stake in shares of Principal U.S. Small-Cap Multi-Factor ETF by 40.2% during the second quarter. First Horizon Advisors Inc. now owns 1,361 shares of the company’s stock worth $73,000 after purchasing an additional 390 shares during the period. Redwood Financial Network Corp acquired a new position in Principal U.S. Small-Cap Multi-Factor ETF in the 4th quarter valued at $218,000. Goldman Sachs Group Inc. bought a new position in Principal U.S. Small-Cap Multi-Factor ETF during the 4th quarter worth $231,000. Farther Finance Advisors LLC bought a new position in Principal U.S. Small-Cap Multi-Factor ETF during the 3rd quarter worth $230,000. Finally, truNorth Financial Services Inc. acquired a new stake in shares of Principal U.S. Small-Cap Multi-Factor ETF during the fourth quarter worth $236,000.

Principal U.S. Small-Cap Multi-Factor ETF Stock Up 0.6%

Shares of PSC traded up $0.38 during trading hours on Monday, hitting $60.62. The company had a trading volume of 184,527 shares, compared to its average volume of 173,626. The business has a fifty day moving average of $60.18 and a 200-day moving average of $57.90. The firm has a market cap of $1.72 billion, a price-to-earnings ratio of 17.29 and a beta of 1.07. Principal U.S. Small-Cap Multi-Factor ETF has a 12 month low of $42.36 and a 12 month high of $62.17.

About Principal U.S. Small-Cap Multi-Factor ETF

(Get Free Report)

The Principal U.S. Small-Cap Multi-Factor ETF (PSC) is an exchange-traded fund that is based on the Russell 2000 index. The fund is actively managed to invest in small-cap US companies. The fund uses a proprietary, quantitative model to construct the portfolio. PSC was launched on Sep 21, 2016 and is managed by Principal.

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