Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) Short Interest Update

Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totalling 900 shares, a decline of 65.4% from the November 30th total of 2,600 shares. Based on an average trading volume of 2,800 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On Invesco S&P SmallCap Utilities & Communication Services ETF

A number of large investors have recently bought and sold shares of PSCU. D.A. Davidson & CO. purchased a new stake in shares of Invesco S&P SmallCap Utilities & Communication Services ETF during the 3rd quarter valued at $604,000. Virtu Financial LLC purchased a new stake in Invesco S&P SmallCap Utilities & Communication Services ETF during the third quarter valued at about $200,000. SMART Wealth LLC purchased a new stake in Invesco S&P SmallCap Utilities & Communication Services ETF during the third quarter valued at about $784,000. Jane Street Group LLC acquired a new stake in Invesco S&P SmallCap Utilities & Communication Services ETF during the third quarter worth about $413,000. Finally, Kessler Investment Group LLC raised its holdings in shares of Invesco S&P SmallCap Utilities & Communication Services ETF by 423.0% in the 3rd quarter. Kessler Investment Group LLC now owns 1,135 shares of the company’s stock worth $69,000 after purchasing an additional 918 shares during the period.

Invesco S&P SmallCap Utilities & Communication Services ETF Stock Performance

Invesco S&P SmallCap Utilities & Communication Services ETF stock traded up $0.31 during trading on Thursday, hitting $60.22. The company’s stock had a trading volume of 3,454 shares, compared to its average volume of 2,788. The stock’s fifty day moving average is $62.64 and its 200 day moving average is $57.97. Invesco S&P SmallCap Utilities & Communication Services ETF has a 1-year low of $48.23 and a 1-year high of $67.23. The stock has a market capitalization of $20.47 million, a price-to-earnings ratio of 22.59 and a beta of 0.77.

Invesco S&P SmallCap Utilities & Communication Services ETF Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, December 27th. Investors of record on Monday, December 23rd will be given a dividend of $0.2478 per share. The ex-dividend date is Monday, December 23rd.

About Invesco S&P SmallCap Utilities & Communication Services ETF

PowerShares S&P SmallCap Utilities Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the index called the S&P SmallCap 600 Capped Utilities & Telecom Services Index (the Underlying Index). The Underlying Index consists of common stocks of United States utility companies.