Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Short Interest Up 520.7% in November

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 18,000 shares, an increase of 520.7% from the October 31st total of 2,900 shares. Based on an average daily volume of 5,900 shares, the short-interest ratio is presently 3.1 days.

Institutional Trading of Invesco S&P SmallCap Industrials ETF

Hedge funds have recently bought and sold shares of the stock. Envestnet Asset Management Inc. grew its holdings in shares of Invesco S&P SmallCap Industrials ETF by 2.4% in the second quarter. Envestnet Asset Management Inc. now owns 189,026 shares of the company’s stock worth $22,694,000 after acquiring an additional 4,421 shares during the period. RiverFront Investment Group LLC increased its stake in Invesco S&P SmallCap Industrials ETF by 10.6% in the second quarter. RiverFront Investment Group LLC now owns 136,872 shares of the company’s stock valued at $16,433,000 after purchasing an additional 13,118 shares during the last quarter. Raymond James & Associates increased its position in shares of Invesco S&P SmallCap Industrials ETF by 3.2% during the second quarter. Raymond James & Associates now owns 73,759 shares of the company’s stock worth $8,856,000 after purchasing an additional 2,280 shares in the last quarter. Bogart Wealth LLC lifted its stake in Invesco S&P SmallCap Industrials ETF by 6.1% in the third quarter. Bogart Wealth LLC now owns 16,503 shares of the company’s stock valued at $2,183,000 after buying an additional 955 shares during the last quarter. Finally, Private Advisor Group LLC grew its stake in Invesco S&P SmallCap Industrials ETF by 14.1% during the 3rd quarter. Private Advisor Group LLC now owns 14,395 shares of the company’s stock valued at $1,904,000 after purchasing an additional 1,778 shares in the last quarter.

Invesco S&P SmallCap Industrials ETF Stock Performance

Shares of PSCI stock traded up $0.61 on Friday, hitting $147.52. 1,354 shares of the company’s stock traded hands, compared to its average volume of 6,956. Invesco S&P SmallCap Industrials ETF has a one year low of $103.28 and a one year high of $150.72. The company’s fifty day simple moving average is $136.21 and its 200 day simple moving average is $128.47. The stock has a market capitalization of $218.33 million, a price-to-earnings ratio of 18.19 and a beta of 1.24.

Invesco S&P SmallCap Industrials ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a dividend of $0.318 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $1.27 dividend on an annualized basis and a dividend yield of 0.86%. This is a positive change from Invesco S&P SmallCap Industrials ETF’s previous quarterly dividend of $0.14.

About Invesco S&P SmallCap Industrials ETF

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.