Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Short Interest Down 91.2% in December

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) was the target of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 1,200 shares, a decline of 91.2% from the December 15th total of 13,600 shares. Based on an average trading volume of 11,100 shares, the days-to-cover ratio is currently 0.1 days.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Harbor Capital Advisors Inc. purchased a new stake in Invesco S&P SmallCap Industrials ETF during the 4th quarter valued at approximately $303,000. JPMorgan Chase & Co. raised its stake in shares of Invesco S&P SmallCap Industrials ETF by 23.5% during the third quarter. JPMorgan Chase & Co. now owns 5,639 shares of the company’s stock worth $746,000 after purchasing an additional 1,073 shares during the last quarter. Stifel Financial Corp lifted its stake in shares of Invesco S&P SmallCap Industrials ETF by 1.3% in the 3rd quarter. Stifel Financial Corp now owns 8,812 shares of the company’s stock worth $1,166,000 after acquiring an additional 117 shares during the period. Source Financial Advisors LLC purchased a new stake in Invesco S&P SmallCap Industrials ETF in the 3rd quarter valued at approximately $217,000. Finally, Riggs Asset Managment Co. Inc. purchased a new stake in shares of Invesco S&P SmallCap Industrials ETF in the third quarter valued at approximately $28,000.

Invesco S&P SmallCap Industrials ETF Stock Up 2.0 %

NASDAQ:PSCI traded up $2.67 during trading hours on Tuesday, reaching $137.26. 8,624 shares of the company’s stock were exchanged, compared to its average volume of 13,916. Invesco S&P SmallCap Industrials ETF has a 1-year low of $108.66 and a 1-year high of $150.72. The firm has a market capitalization of $218.24 million, a price-to-earnings ratio of 18.19 and a beta of 1.24. The company has a 50-day moving average of $141.38 and a 200 day moving average of $132.42.

Invesco S&P SmallCap Industrials ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.2373 per share. The ex-dividend date was Monday, December 23rd.

Invesco S&P SmallCap Industrials ETF Company Profile

PowerShares S&P SmallCap Industrials Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called the S&P SmallCap 600 Capped Industrials Index (the Underlying Index). The Underlying Index consists of common stocks of the United States industrial companies.