Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) Sees Significant Decrease in Short Interest

Invesco S&P SmallCap Energy ETF (NASDAQ:PSCEGet Free Report) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 3,327 shares, a decrease of 37.7% from the May 31st total of 5,338 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 24,349 shares, the days-to-cover ratio is presently 0.1 days.

Invesco S&P SmallCap Energy ETF Trading Down 0.0%

Shares of Invesco S&P SmallCap Energy ETF stock opened at $53.55 on Friday. The firm has a market capitalization of $98.53 million, a PE ratio of 9.69 and a beta of 0.71. The firm’s 50 day moving average is $59.58 and its 200 day moving average is $55.08. Invesco S&P SmallCap Energy ETF has a 1 year low of $37.88 and a 1 year high of $65.02.

Invesco S&P SmallCap Energy ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a $0.4104 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.64 annualized dividend and a yield of 3.1%.

Institutional Trading of Invesco S&P SmallCap Energy ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Farther Finance Advisors LLC lifted its stake in shares of Invesco S&P SmallCap Energy ETF by 62.5% in the 4th quarter. Farther Finance Advisors LLC now owns 2,600 shares of the company’s stock valued at $112,000 after acquiring an additional 1,000 shares during the last quarter. Cetera Investment Advisers bought a new stake in Invesco S&P SmallCap Energy ETF during the 4th quarter worth $204,000. Osaic Holdings Inc. grew its position in Invesco S&P SmallCap Energy ETF by 47.1% during the 2nd quarter. Osaic Holdings Inc. now owns 5,742 shares of the company’s stock worth $223,000 after acquiring an additional 1,839 shares during the last quarter. Walkner Condon Financial Advisors LLC grew its position in Invesco S&P SmallCap Energy ETF by 15.8% during the 1st quarter. Walkner Condon Financial Advisors LLC now owns 5,796 shares of the company’s stock worth $343,000 after acquiring an additional 790 shares during the last quarter. Finally, Parr Mcknight Wealth Management Group LLC acquired a new position in Invesco S&P SmallCap Energy ETF in the 1st quarter worth about $457,000.

About Invesco S&P SmallCap Energy ETF

(Get Free Report)

PowerShares S&P SmallCap Energy 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 Energy Index (the Underlying Index). The Underlying Index consists of common stocks of the United States energy companies that are principally engaged in the business of producing, distributing or servicing energy-related products, including oil and gas exploration and production, refining, oil services, pipeline, and solar, wind and other non-oil-based energy.

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