Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Sees Significant Growth in Short Interest

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) saw a significant growth in short interest in October. As of October 30th, there was short interest totaling 2,838 shares, a growth of 308.9% from the October 15th total of 694 shares. Currently, 1.4% of the company’s stock are sold short. Based on an average trading volume of 690 shares, the short-interest ratio is presently 4.1 days.

Invesco S&P SmallCap Consumer Discretionary ETF Stock Down 0.2%

Shares of NASDAQ PSCD opened at $118.34 on Thursday. Invesco S&P SmallCap Consumer Discretionary ETF has a twelve month low of $95.84 and a twelve month high of $122.57. The firm has a market cap of $24.85 million, a P/E ratio of 15.74 and a beta of 1.22. The company has a 50 day moving average of $111.20 and a 200 day moving average of $111.82.

Invesco S&P SmallCap Consumer Discretionary ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were paid a dividend of $0.2351 per share. The ex-dividend date was Monday, September 21st. This represents a $0.94 annualized dividend and a yield of 0.8%. This is a negative change from Invesco S&P SmallCap Consumer Discretionary ETF’s previous quarterly dividend of $0.2943.

Institutional Trading of Invesco S&P SmallCap Consumer Discretionary ETF

A hedge fund recently bought a new stake in Invesco S&P SmallCap Consumer Discretionary ETF stock. Citadel Advisors LLC purchased a new position in Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,853 shares of the company’s stock, valued at approximately $338,000. Citadel Advisors LLC owned about 1.43% of Invesco S&P SmallCap Consumer Discretionary ETF at the end of the most recent reporting period.

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.