Short Interest in Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) Declines By 19.7%

Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totalling 9,400 shares, a drop of 19.7% from the July 15th total of 11,700 shares. Based on an average daily trading volume, of 19,800 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of Invesco S&P SmallCap Energy ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of PSCE. 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 purchasing an additional 687 shares in the last quarter. U.S. Capital Wealth Advisors LLC increased its position in Invesco S&P SmallCap Energy ETF by 6.2% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 15,281 shares of the company’s stock valued at $804,000 after acquiring an additional 896 shares during the period. Jaffetilchin Investment Partners LLC acquired a new position in Invesco S&P SmallCap Energy ETF in the 1st quarter valued at about $308,000. PFG Advisors acquired a new position in Invesco S&P SmallCap Energy ETF in the 1st quarter valued at about $364,000. Finally, Commonwealth Equity Services LLC increased its position in Invesco S&P SmallCap Energy ETF by 5.7% in the 1st quarter. Commonwealth Equity Services LLC now owns 25,120 shares of the company’s stock valued at $1,401,000 after acquiring an additional 1,347 shares during the period.

Invesco S&P SmallCap Energy ETF Trading Down 0.0 %

NASDAQ:PSCE traded down $0.01 during midday trading on Friday, reaching $51.98. The company had a trading volume of 3,058 shares, compared to its average volume of 33,433. The firm has a market capitalization of $163.74 million, a price-to-earnings ratio of 34.07 and a beta of 1.95. The stock’s fifty day simple moving average is $52.69 and its 200-day simple moving average is $53.35. Invesco S&P SmallCap Energy ETF has a 12-month low of $47.32 and a 12-month high of $59.67.

Invesco S&P SmallCap Energy ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were paid a $0.1855 dividend. The ex-dividend date was Monday, June 24th. This is a boost from Invesco S&P SmallCap Energy ETF’s previous quarterly dividend of $0.18. This represents a $0.74 dividend on an annualized basis and a yield of 1.43%.

Invesco S&P SmallCap Energy ETF Company Profile

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.