Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) Short Interest Down 39.6% in January

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) was the target of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 20,940 shares, a drop of 39.6% from the January 15th total of 34,654 shares. Based on an average daily trading volume, of 13,154 shares, the short-interest ratio is presently 1.6 days. Currently, 2.0% of the company’s shares are sold short. Currently, 2.0% of the company’s shares are sold short. Based on an average daily trading volume, of 13,154 shares, the short-interest ratio is presently 1.6 days.

Invesco S&P SmallCap Consumer Staples ETF Stock Up 0.4%

NASDAQ PSCC traded up $0.12 on Friday, hitting $34.50. The company’s stock had a trading volume of 16,904 shares, compared to its average volume of 16,477. The company’s 50-day moving average is $32.39 and its 200 day moving average is $32.90. Invesco S&P SmallCap Consumer Staples ETF has a 1-year low of $30.60 and a 1-year high of $38.19. The firm has a market cap of $35.88 million, a PE ratio of 14.43 and a beta of 0.60.

Invesco S&P SmallCap Consumer Staples ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a dividend of $0.1414 per share. The ex-dividend date was Monday, December 22nd. This represents a $0.57 annualized dividend and a dividend yield of 1.6%.

Institutional Trading of Invesco S&P SmallCap Consumer Staples ETF

A number of large investors have recently bought and sold shares of PSCC. Envestnet Asset Management Inc. increased its position in shares of Invesco S&P SmallCap Consumer Staples ETF by 2.7% during the second quarter. Envestnet Asset Management Inc. now owns 11,096 shares of the company’s stock valued at $369,000 after acquiring an additional 291 shares during the last quarter. Cornerstone Wealth Management LLC increased its position in shares of Invesco S&P SmallCap Consumer Staples ETF by 6.4% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 7,629 shares of the company’s stock valued at $252,000 after purchasing an additional 456 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Invesco S&P SmallCap Consumer Staples ETF by 6.8% in the 3rd quarter. Bank of America Corp DE now owns 14,391 shares of the company’s stock valued at $474,000 after purchasing an additional 917 shares in the last quarter. Raymond James Financial Inc. raised its holdings in Invesco S&P SmallCap Consumer Staples ETF by 4.6% during the 2nd quarter. Raymond James Financial Inc. now owns 22,152 shares of the company’s stock valued at $737,000 after buying an additional 976 shares during the last quarter. Finally, Summit Financial Consulting LLC grew its position in shares of Invesco S&P SmallCap Consumer Staples ETF by 11.8% in the 3rd quarter. Summit Financial Consulting LLC now owns 9,388 shares of the company’s stock worth $309,000 after buying an additional 994 shares during the last quarter.

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.