Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM) Short Interest Up 22.6% in September

Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM – Get Free Report) saw a significant increase in short interest in September. As of September 15th, there was short interest totalling 3,800 shares, an increase of 22.6% from the August 31st total of 3,100 shares. Based on an average daily trading volume, of 1,300 shares, the days-to-cover ratio [...]

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Invesco S&P SmallCap Materials ETF ( NASDAQ:PSCM – Get Free Report ) saw a significant increase in short interest in September. As of September 15th, there was short interest totalling 3,800 shares, an increase of 22.6% from the August 31st total of 3,100 shares.

Based on an average daily trading volume, of 1,300 shares, the days-to-cover ratio is presently 2.9 days. Invesco S&P SmallCap Materials ETF Stock Up 0.



9 % PSCM stock traded up $0.71 during midday trading on Friday, reaching $80.37.

The stock had a trading volume of 293 shares, compared to its average volume of 1,268. The business has a fifty day simple moving average of $77.09 and a two-hundred day simple moving average of $76.

69. The firm has a market cap of $17.68 million, a price-to-earnings ratio of 14.

55 and a beta of 1.29. Invesco S&P SmallCap Materials ETF has a twelve month low of $58.

45 and a twelve month high of $83.31. Invesco S&P SmallCap Materials ETF Cuts Dividend The business also recently announced a quarterly dividend, which was paid on Friday, September 27th.

Stockholders of record on Monday, September 23rd were given a dividend of $0.115 per share. The ex-dividend date was Monday, September 23rd.

This represents a $0.46 annualized dividend and a dividend yield of 0.57%.

Hedge Funds Weigh In On Invesco S&P SmallCap Materials ETF Invesco S&P SmallCap Materials ETF Company Profile ( Get Free Report ) 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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