Short Interest in Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) Drops By 62.9%

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

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

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

Invesco S&P SmallCap Consumer Staples ETF Stock Performance

NASDAQ PSCC traded down $0.02 during trading hours on Wednesday, hitting $37.45. The company had a trading volume of 968 shares, compared to its average volume of 5,002. The firm has a 50 day simple moving average of $38.20 and a 200 day simple moving average of $37.81. 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.

Invesco S&P SmallCap Consumer Staples ETF Announces Dividend

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

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.