Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) Short Interest Update

Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 31,600 shares, anincreaseof113.5% from the July 15th total of 14,800 shares. Currently,2.1% of the company’s stock are short sold. Based on an average daily volume of 14,800 shares, the days-to-cover ratio is presently 2.1 days. Based on an average daily volume of 14,800 shares, the days-to-cover ratio is presently 2.1 days. Currently,2.1% of the company’s stock are short sold.

Institutional Investors Weigh In On Invesco S&P SmallCap Energy ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Jane Street Group LLC bought a new stake in Invesco S&P SmallCap Energy ETF during the 4th quarter valued at $1,037,000. Arkadios Wealth Advisors purchased a new stake in Invesco S&P SmallCap Energy ETF during the first quarter worth $244,000. LPL Financial LLC boosted its position in Invesco S&P SmallCap Energy ETF by 55.0% during the 4th quarter. LPL Financial LLC now owns 19,562 shares of the company’s stock valued at $947,000 after acquiring an additional 6,941 shares in the last quarter. GTS Securities LLC purchased a new position in shares of Invesco S&P SmallCap Energy ETF in the 4th quarter valued at $408,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Invesco S&P SmallCap Energy ETF during the 4th quarter worth $1,541,000.

Invesco S&P SmallCap Energy ETF Trading Down 1.8%

PSCE stock opened at $39.04 on Monday. Invesco S&P SmallCap Energy ETF has a 1 year low of $30.94 and a 1 year high of $54.83. The stock has a 50-day moving average price of $40.09 and a two-hundred day moving average price of $39.77. The stock has a market cap of $59.34 million, a PE ratio of 9.69 and a beta of 1.95.

Invesco S&P SmallCap Energy ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Monday, June 23rd were paid a $0.2477 dividend. The ex-dividend date of this dividend was Monday, June 23rd. This represents a $0.99 annualized dividend and a yield of 2.5%.

About Invesco S&P SmallCap Energy ETF

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.