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

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) was the target of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 1,300 shares, a decrease of 62.9% from the January 15th total of 3,500 shares. Based on an average daily volume of 5,600 shares, the short-interest ratio is currently 0.2 days.

Invesco S&P SmallCap Consumer Staples ETF Stock Performance

Shares of NASDAQ PSCC traded down $0.02 during mid-day trading on Wednesday, reaching $37.45. 968 shares of the company’s stock were exchanged, compared to its average volume of 5,002. The firm has a market capitalization of $51.31 million, a price-to-earnings ratio of 6.66 and a beta of 0.70. Invesco S&P SmallCap Consumer Staples ETF has a 52-week low of $34.59 and a 52-week high of $41.03. The company’s 50-day moving average is $38.20 and its 200-day moving average is $37.81.

Invesco S&P SmallCap Consumer Staples ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $0.1374 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of Invesco S&P SmallCap Consumer Staples ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB acquired a new position in Invesco S&P SmallCap Consumer Staples ETF during the third quarter worth $125,000. Gladstone Institutional Advisory LLC purchased a new stake in shares of Invesco S&P SmallCap Consumer Staples ETF in the 3rd quarter valued at $211,000. CreativeOne Wealth LLC acquired a new position in Invesco S&P SmallCap Consumer Staples ETF during the 3rd quarter worth about $285,000. Raymond James Financial Inc. purchased a new position in Invesco S&P SmallCap Consumer Staples ETF during the 4th quarter valued at about $673,000. Finally, IHT Wealth Management LLC acquired a new position in Invesco S&P SmallCap Consumer Staples ETF in the 3rd quarter valued at about $712,000.

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.