Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Stock Short Interest Report for September

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 970 shares, an increase of 61.4% from the September 15th total of 601 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 450 shares, the days-to-cover ratio is currently 2.2 days.

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

A hedge fund recently bought a new position in Invesco S&P SmallCap Consumer Discretionary ETF stock. Parr Mcknight Wealth Management Group LLC purchased a new position in shares of Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 11,837 shares of the company’s stock, valued at approximately $1,216,000. Parr Mcknight Wealth Management Group LLC owned approximately 5.64% of Invesco S&P SmallCap Consumer Discretionary ETF at the end of the most recent quarter.

Invesco S&P SmallCap Consumer Discretionary ETF Trading Down 1.0%

PSCD traded down $1.07 on Friday, reaching $109.51. The stock had a trading volume of 84 shares, compared to its average volume of 2,557. The business’s 50-day moving average price is $113.22 and its two-hundred day moving average price is $112.25. The company has a market cap of $23.00 million, a P/E ratio of 12.91 and a beta of 1.21. Invesco S&P SmallCap Consumer Discretionary ETF has a 12-month low of $95.84 and a 12-month high of $122.57.

Invesco S&P SmallCap Consumer Discretionary ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were given a dividend of $0.2351 per share. This is a drop from Invesco S&P SmallCap Consumer Discretionary ETF’s previous quarterly dividend of $0.2943. The ex-dividend date was Monday, September 21st. This represents a $0.94 dividend on an annualized basis and a dividend yield of 0.9%.

Invesco S&P SmallCap Consumer Discretionary ETF Company Profile

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.