Short Interest in Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) Declines By 75.0%

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) saw a significant decrease in short interest in April. As of April 30th, there was short interest totaling 1,625 shares, a decrease of 75.0% from the April 15th total of 6,497 shares. Based on an average trading volume of 5,002 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are short sold.

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

A number of hedge funds have recently bought and sold shares of the business. Founders Financial Alliance LLC acquired a new position in Invesco S&P SmallCap Consumer Staples ETF in the third quarter worth about $40,000. Kestra Advisory Services LLC acquired a new position in Invesco S&P SmallCap Consumer Staples ETF during the 4th quarter worth $101,000. Parr Mcknight Wealth Management Group LLC acquired a new position in Invesco S&P SmallCap Consumer Staples ETF during the 1st quarter worth $223,000. Cornerstone Wealth Management LLC boosted its position in 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 worth $252,000 after acquiring an additional 456 shares during the period. Finally, Hohimer Wealth Management LLC acquired a new position in Invesco S&P SmallCap Consumer Staples ETF during the 4th quarter worth $240,000.

Invesco S&P SmallCap Consumer Staples ETF Trading Down 0.2%

NASDAQ:PSCC traded down $0.05 during trading hours on Friday, hitting $32.34. The stock had a trading volume of 4,378 shares, compared to its average volume of 11,285. Invesco S&P SmallCap Consumer Staples ETF has a 1-year low of $30.60 and a 1-year high of $36.65. The business has a 50 day simple moving average of $32.42 and a two-hundred day simple moving average of $32.47. The company has a market cap of $32.99 million, a PE ratio of 14.43 and a beta of 0.63.

Invesco S&P SmallCap Consumer Staples ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Monday, March 23rd.

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.