Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) Short Interest Up 33.3% in February

Invesco S&P SmallCap Utilities & Communication Services ETF (NASDAQ:PSCU) saw a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 400 shares, a growth of 33.3% from the February 13th total of 300 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 1,600 shares, the days-to-cover ratio is currently 0.3 days.

Invesco S&P SmallCap Utilities & Communication Services ETF Trading Up 1.5 %

Shares of Invesco S&P SmallCap Utilities & Communication Services ETF stock traded up $0.83 during trading hours on Monday, hitting $57.80. 2,660 shares of the company were exchanged, compared to its average volume of 1,877. The stock has a market capitalization of $15.61 million, a price-to-earnings ratio of 18.27 and a beta of 0.77. 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 business has a 50-day moving average of $58.72 and a 200-day moving average of $60.20.

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

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.2478 per share. The ex-dividend date was Monday, December 23rd.

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

Several hedge funds have recently bought and sold shares of the company. Citadel Advisors LLC increased its stake in shares of Invesco S&P SmallCap Utilities & Communication Services ETF by 62.6% during the 4th quarter. Citadel Advisors LLC now owns 8,224 shares of the company’s stock worth $488,000 after purchasing an additional 3,166 shares in the last quarter. Virtu Financial LLC acquired a new stake in shares of Invesco S&P SmallCap Utilities & Communication Services ETF in the third quarter worth approximately $200,000. Tower Research Capital LLC TRC boosted its holdings in shares of Invesco S&P SmallCap Utilities & Communication Services ETF by 48.9% in the 4th quarter. Tower Research Capital LLC TRC now owns 12,791 shares of the company’s stock valued at $758,000 after purchasing an additional 4,203 shares during the last quarter. 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, D.A. Davidson & CO. purchased a new position in Invesco S&P SmallCap Utilities & Communication Services ETF in the third quarter valued at approximately $604,000.

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.