Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Short Interest Update

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) was the target of a large decline in short interest in March. As of March 15th, there was short interest totalling 1,200 shares, a decline of 52.0% from the February 28th total of 2,500 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 1,200 shares, the short-interest ratio is presently 1.0 days.

Invesco S&P SmallCap Consumer Discretionary ETF Stock Performance

Shares of NASDAQ:PSCD traded down $2.74 during trading on Friday, reaching $92.04. 967 shares of the stock were exchanged, compared to its average volume of 1,390. The firm’s 50-day moving average price is $104.15 and its 200 day moving average price is $108.06. The firm has a market cap of $22.09 million, a price-to-earnings ratio of 12.18 and a beta of 1.42. Invesco S&P SmallCap Consumer Discretionary ETF has a 12-month low of $89.99 and a 12-month high of $119.15.

Invesco S&P SmallCap Consumer Discretionary ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a dividend of $0.3319 per share. This is an increase from Invesco S&P SmallCap Consumer Discretionary ETF’s previous dividend of $0.27. The ex-dividend date was Monday, March 24th.

Institutional Investors Weigh In On Invesco S&P SmallCap Consumer Discretionary ETF

Several large investors have recently made changes to their positions in the business. Tower Research Capital LLC TRC boosted its position in Invesco S&P SmallCap Consumer Discretionary ETF by 19.0% during the 4th quarter. Tower Research Capital LLC TRC now owns 10,829 shares of the company’s stock worth $1,180,000 after purchasing an additional 1,730 shares during the period. Raymond James Financial Inc. purchased a new position in Invesco S&P SmallCap Consumer Discretionary ETF in the fourth quarter valued at about $569,000. Narus Financial Partners LLC lifted its stake in shares of Invesco S&P SmallCap Consumer Discretionary ETF by 57.9% during the fourth quarter. Narus Financial Partners LLC now owns 4,016 shares of the company’s stock worth $437,000 after purchasing an additional 1,472 shares in the last quarter. Citadel Advisors LLC purchased a new stake in shares of Invesco S&P SmallCap Consumer Discretionary ETF in the fourth quarter worth about $311,000. Finally, Virtu Financial LLC acquired a new stake in shares of Invesco S&P SmallCap Consumer Discretionary ETF in the fourth quarter valued at about $306,000.

About Invesco S&P SmallCap Consumer Discretionary ETF

PowerShares S&P SmallCap Consumer Discretionary Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called the S&P SmallCap 600 Capped Consumer Discretionary Index (the Underlying Index). The Underlying Index consists of common stocks of the United States consumer discretionary companies that are principally engaged in the businesses of providing consumer goods and services that are cyclical in nature, including, but not limited to, household durables, leisure products and services, computers and electronics, automobiles and auto components, hotel and restaurant services, and television and other entertainment goods and services.