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 target of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 9,354 shares, an increase of 136.9% from the June 30th total of 3,949 shares. Currently, 0.9% of the shares of the company are sold short. Based on an average trading volume of 11,134 shares, the short-interest ratio is currently 0.8 days.

Hedge Funds Weigh In On Invesco S&P SmallCap Consumer Staples ETF

A number of large investors have recently modified their holdings of the company. Kestra Advisory Services LLC purchased a new position in Invesco S&P SmallCap Consumer Staples ETF during the fourth quarter valued at approximately $101,000. Parr Mcknight Wealth Management Group LLC bought a new position in Invesco S&P SmallCap Consumer Staples ETF in the 1st quarter valued at $223,000. Hohimer Wealth Management LLC purchased a new position in shares of Invesco S&P SmallCap Consumer Staples ETF during the 4th quarter valued at $240,000. Cornerstone Wealth Management LLC grew its position in shares of Invesco S&P SmallCap Consumer Staples ETF by 40.1% during the 4th quarter. Cornerstone Wealth Management LLC now owns 10,688 shares of the company’s stock valued at $332,000 after purchasing an additional 3,059 shares in the last quarter. Finally, Summit Financial Consulting LLC increased its holdings in shares of Invesco S&P SmallCap Consumer Staples ETF by 22.9% in the fourth quarter. Summit Financial Consulting LLC now owns 11,535 shares of the company’s stock worth $359,000 after purchasing an additional 2,147 shares during the period.

Invesco S&P SmallCap Consumer Staples ETF Stock Performance

PSCC traded down $0.84 during midday trading on Thursday, reaching $36.78. The company had a trading volume of 4,356 shares, compared to its average volume of 9,804. Invesco S&P SmallCap Consumer Staples ETF has a 12-month low of $30.60 and a 12-month high of $38.02. The business has a 50-day moving average price of $35.04 and a two-hundred day moving average price of $33.72. The stock has a market cap of $38.25 million, a PE ratio of 14.43 and a beta of 0.60.

Invesco S&P SmallCap Consumer Staples ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a $0.1158 dividend. The ex-dividend date was Monday, June 22nd. This represents a $0.46 annualized dividend and a yield of 1.3%.

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.