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

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) saw a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 10,572 shares, a growth of 86.8% from the February 12th total of 5,661 shares. Based on an average daily trading volume, of 9,358 shares, the days-to-cover ratio is presently 1.1 days. Currently, 1.0% of the company’s shares are short sold. Currently, 1.0% of the company’s shares are short sold. Based on an average daily trading volume, of 9,358 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Trading of Invesco S&P SmallCap Consumer Staples ETF

Institutional investors have recently modified their holdings of the business. IHT Wealth Management LLC increased its holdings in Invesco S&P SmallCap Consumer Staples ETF by 218.2% in the fourth quarter. IHT Wealth Management LLC now owns 43,681 shares of the company’s stock valued at $1,358,000 after purchasing an additional 29,955 shares during the period. Kestra Advisory Services LLC acquired a new position in Invesco S&P SmallCap Consumer Staples ETF during the 4th quarter worth about $101,000. Winter & Associates Inc. bought a new stake in shares of Invesco S&P SmallCap Consumer Staples ETF in the 4th quarter valued at about $547,000. Hohimer Wealth Management LLC bought a new stake in shares of Invesco S&P SmallCap Consumer Staples ETF in the 4th quarter valued at about $240,000. Finally, Steward Partners Investment Advisory LLC increased its stake in shares of Invesco S&P SmallCap Consumer Staples ETF by 59.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 18,356 shares of the company’s stock valued at $571,000 after buying an additional 6,823 shares during the period.

Invesco S&P SmallCap Consumer Staples ETF Price Performance

NASDAQ:PSCC opened at $32.98 on Friday. Invesco S&P SmallCap Consumer Staples ETF has a one year low of $30.60 and a one year high of $36.65. The company has a market cap of $34.30 million, a PE ratio of 14.43 and a beta of 0.60. The firm’s 50 day simple moving average is $33.46 and its 200 day simple moving average is $32.84.

Invesco S&P SmallCap Consumer Staples ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a dividend of $0.1414 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Monday, December 22nd.

About Invesco S&P SmallCap Consumer Staples ETF

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.