Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) Short Interest Up 225.0% in November

Principal U.S. Small-Cap Multi-Factor ETF (NASDAQ:PSC) was the target of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 1,300 shares, a growth of 225.0% from the October 31st total of 400 shares. Based on an average trading volume of 70,200 shares, the days-to-cover ratio is presently 0.0 days.

Shares of Principal U.S. Small-Cap Multi-Factor ETF stock opened at $47.00 on Friday. Principal U.S. Small-Cap Multi-Factor ETF has a 12 month low of $33.84 and a 12 month high of $51.83. The business’s fifty day simple moving average is $47.40 and its 200 day simple moving average is $46.58.

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 6th. Stockholders of record on Monday, October 4th were paid a dividend of $0.147 per share. This represents a $0.59 annualized dividend and a dividend yield of 1.25%. The ex-dividend date of this dividend was Friday, October 1st.

A number of hedge funds have recently modified their holdings of PSC. Principal Financial Group Inc. increased its holdings in Principal U.S. Small-Cap Multi-Factor ETF by 80.1% during the third quarter. Principal Financial Group Inc. now owns 579,419 shares of the company’s stock valued at $22,262,000 after buying an additional 257,775 shares during the period. Susquehanna International Group LLP purchased a new position in Principal U.S. Small-Cap Multi-Factor ETF during the second quarter valued at approximately $1,762,000. Commonwealth Equity Services LLC purchased a new position in Principal U.S. Small-Cap Multi-Factor ETF in the second quarter worth $1,540,000. Wells Fargo & Company MN grew its holdings in Principal U.S. Small-Cap Multi-Factor ETF by 692.4% in the second quarter. Wells Fargo & Company MN now owns 14,612 shares of the company’s stock worth $688,000 after purchasing an additional 12,768 shares during the last quarter. Finally, Ameriprise Financial Inc. purchased a new position in Principal U.S. Small-Cap Multi-Factor ETF in the first quarter worth $358,000.

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