Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM – Get Free Report) saw a large decline in short interest in October. As of October 15th, there was short interest totalling 100 shares, a decline of 97.4% from the September 30th total of 3,800 shares. Based on an average daily trading volume, of 900 shares, the short-interest ratio is presently 0.1 days.
Invesco S&P SmallCap Materials ETF Stock Up 0.2 %
Shares of Invesco S&P SmallCap Materials ETF stock opened at $77.09 on Friday. The firm has a market cap of $17.73 million, a price-to-earnings ratio of 14.55 and a beta of 1.29. The business has a fifty day simple moving average of $77.24 and a 200-day simple moving average of $77.15. Invesco S&P SmallCap Materials ETF has a fifty-two week low of $58.45 and a fifty-two week high of $83.31.
Invesco S&P SmallCap Materials ETF Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a $0.115 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $0.46 dividend on an annualized basis and a yield of 0.60%.
Institutional Investors Weigh In On Invesco S&P SmallCap Materials ETF
About Invesco S&P SmallCap Materials ETF
PowerShares S&P SmallCap Materials Portfolio (the Fund) is based on the S&P SmallCap 600 Capped Materials Index (Index). The Index is designed to measure the overall performance of common stocks of United States basic materials companies. These companies are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals.
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