Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) Short Interest Up 86.8% in February

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) saw a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 10,572 shares, a growth of 86.8% from the February 12th total of 5,661 shares. Currently, 1.0% of the company’s stock are short sold. Based on an average daily trading volume, of 9,358 shares, the short-interest ratio is currently 1.1 days. Based on an average daily trading volume, of 9,358 shares, the short-interest ratio is currently 1.1 days. Currently, 1.0% of the company’s stock are short sold.

Institutional Trading of Invesco S&P SmallCap Consumer Staples ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. IHT Wealth Management LLC boosted its position in shares of Invesco S&P SmallCap Consumer Staples ETF by 218.2% in the 4th quarter. IHT Wealth Management LLC now owns 43,681 shares of the company’s stock valued at $1,358,000 after purchasing an additional 29,955 shares during the period. Kestra Advisory Services LLC acquired a new position in Invesco S&P SmallCap Consumer Staples ETF during the fourth quarter worth approximately $101,000. Winter & Associates Inc. acquired a new position in Invesco S&P SmallCap Consumer Staples ETF during the fourth quarter worth approximately $547,000. Hohimer Wealth Management LLC purchased a new stake in Invesco S&P SmallCap Consumer Staples ETF in the fourth quarter valued at approximately $240,000. Finally, Steward Partners Investment Advisory LLC boosted its holdings in shares of Invesco S&P SmallCap Consumer Staples ETF by 59.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 18,356 shares of the company’s stock valued at $571,000 after acquiring an additional 6,823 shares during the period.

Invesco S&P SmallCap Consumer Staples ETF Stock Performance

Shares of NASDAQ:PSCC traded up $0.18 on Friday, hitting $33.17. 7,116 shares of the company’s stock were exchanged, compared to its average volume of 14,217. Invesco S&P SmallCap Consumer Staples ETF has a 1-year low of $30.60 and a 1-year high of $36.65. The company has a market capitalization of $34.50 million, a PE ratio of 14.43 and a beta of 0.60. The firm’s 50-day moving average is $33.51 and its 200 day moving average is $32.82.

Invesco S&P SmallCap Consumer Staples ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a dividend of $0.1414 per share. The ex-dividend date was Monday, December 22nd. This represents a $0.57 annualized dividend and a yield of 1.7%.

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.