Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) Sees Significant Growth in Short Interest

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 19,879 shares, a growth of 180.4% from the November 30th total of 7,090 shares. Based on an average trading volume of 8,391 shares, the short-interest ratio is presently 2.4 days. Currently, 1.8% of the company’s shares are sold short. Currently, 1.8% of the company’s shares are sold short. Based on an average trading volume of 8,391 shares, the short-interest ratio is presently 2.4 days.

Institutional Trading of Invesco S&P SmallCap Consumer Staples ETF

A number of hedge funds have recently modified their holdings of PSCC. Focus Partners Advisor Solutions LLC bought a new position in Invesco S&P SmallCap Consumer Staples ETF during the 1st quarter worth approximately $500,000. Integrity Alliance LLC. bought a new position in shares of Invesco S&P SmallCap Consumer Staples ETF during the first quarter worth $350,000. Susquehanna International Group LLP grew its holdings in shares of Invesco S&P SmallCap Consumer Staples ETF by 128.2% in the 3rd quarter. Susquehanna International Group LLP now owns 15,776 shares of the company’s stock valued at $520,000 after buying an additional 8,863 shares during the period. Steward Partners Investment Advisory LLC increased its position in shares of Invesco S&P SmallCap Consumer Staples ETF by 66.1% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 9,884 shares of the company’s stock valued at $329,000 after buying an additional 3,935 shares in the last quarter. Finally, Raymond James Financial Inc. increased its position in shares of Invesco S&P SmallCap Consumer Staples ETF by 16.0% in the 3rd quarter. Raymond James Financial Inc. now owns 25,703 shares of the company’s stock valued at $847,000 after buying an additional 3,551 shares in the last quarter.

Invesco S&P SmallCap Consumer Staples ETF Stock Down 0.3%

PSCC stock opened at $31.61 on Friday. Invesco S&P SmallCap Consumer Staples ETF has a twelve month low of $30.63 and a twelve month high of $38.63. The company has a market cap of $34.77 million, a P/E ratio of 14.43 and a beta of 0.60. The business’s fifty day moving average is $31.75 and its 200-day moving average is $33.29.

Invesco S&P SmallCap Consumer Staples ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were issued a dividend of $0.1414 per share. The ex-dividend date was Monday, December 22nd. This represents a $0.57 dividend on an annualized basis and a yield of 1.8%.

Invesco S&P SmallCap Consumer Staples ETF Company Profile

PowerShares S&P SmallCap Consumer Staples 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 Consumer Staples Index (the Underlying Index). The Underlying Index consists of common stocks of United States consumer staples companies that are principally engaged in the businesses of providing consumer goods and services that have non-cyclical characteristics, including tobacco, textiles, food and beverage, and non-discretionary retail.