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

Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 30,700 shares, a growth of 210.1% from the September 30th total of 9,900 shares. Based on an average daily volume of 34,000 shares, the short-interest ratio is presently 0.9 days.

Invesco S&P SmallCap Energy ETF Stock Up 0.5 %

NASDAQ:PSCE traded up $0.23 during trading hours on Friday, reaching $49.09. 8,263 shares of the stock were exchanged, compared to its average volume of 28,888. The business has a 50-day moving average of $50.08 and a two-hundred day moving average of $52.39. Invesco S&P SmallCap Energy ETF has a twelve month low of $45.13 and a twelve month high of $58.38. The company has a market capitalization of $85.42 million, a price-to-earnings ratio of 34.07 and a beta of 1.95.

Invesco S&P SmallCap Energy ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a dividend of $0.283 per share. This represents a $1.13 dividend on an annualized basis and a yield of 2.31%. This is a boost from Invesco S&P SmallCap Energy ETF’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Monday, September 23rd.

Institutional Trading of Invesco S&P SmallCap Energy ETF

A number of large investors have recently modified their holdings of PSCE. Kessler Investment Group LLC increased its position in shares of Invesco S&P SmallCap Energy ETF by 206.2% during the third quarter. Kessler Investment Group LLC now owns 1,038 shares of the company’s stock worth $51,000 after acquiring an additional 699 shares during the period. Jaffetilchin Investment Partners LLC purchased a new stake in shares of Invesco S&P SmallCap Energy ETF during the first quarter worth $308,000. PFG Advisors purchased a new stake in shares of Invesco S&P SmallCap Energy ETF during the first quarter worth $364,000. U.S. Capital Wealth Advisors LLC increased its position in shares of Invesco S&P SmallCap Energy ETF by 6.2% during the second quarter. U.S. Capital Wealth Advisors LLC now owns 15,281 shares of the company’s stock worth $804,000 after acquiring an additional 896 shares during the period. Finally, Blair William & Co. IL increased its position in shares of Invesco S&P SmallCap Energy ETF by 3.9% during the second quarter. Blair William & Co. IL now owns 18,173 shares of the company’s stock worth $956,000 after acquiring an additional 687 shares during the period.

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.