Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) Short Interest Down 21.7% in December

Invesco S&P SmallCap Financials ETF (NASDAQ:PSCF) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totalling 1,800 shares, a decline 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 currently 0.5 days.

Institutional Trading of Invesco S&P SmallCap Financials ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Kessler Investment Group LLC increased its position in shares of 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 valued at $262,000 after acquiring an additional 4,282 shares during the last quarter. Riggs Asset Managment Co. Inc. purchased a new position in Invesco S&P SmallCap Financials ETF in the third quarter worth $28,000. Gladstone Institutional Advisory LLC grew its stake in 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 period. Harbor Capital Advisors Inc. raised its stake in shares of Invesco S&P SmallCap Financials ETF by 17.2% during the 3rd 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 period. Finally, Atlas Wealth LLC purchased a new position in shares of Invesco S&P SmallCap Financials ETF in the 3rd quarter worth about $538,000.

Invesco S&P SmallCap Financials ETF Stock Down 0.3 %

Shares of NASDAQ:PSCF opened at $55.11 on Tuesday. The stock has a market cap of $22.04 million, a price-to-earnings ratio of 13.50 and a beta of 1.03. The business’s 50 day moving average is $58.29 and its 200 day moving average is $54.63. Invesco S&P SmallCap Financials ETF has a 12-month low of $44.43 and a 12-month high of $62.24.

Invesco S&P SmallCap Financials ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.5416 dividend. The ex-dividend date 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.