Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) Short Interest Up 125.2% in August

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 1,241 shares, an increase of 125.2% from the July 30th total of 551 shares. Based on an average trading volume of 22,854 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Trading of Invesco S&P SmallCap Consumer Staples ETF

Several institutional investors have recently added to or reduced their stakes in PSCC. Raymond James Financial Inc. boosted its stake 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 acquiring an additional 976 shares during the last quarter. Ameriprise Financial Inc. increased its position in shares of Invesco S&P SmallCap Consumer Staples ETF by 13.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 14,081 shares of the company’s stock worth $468,000 after purchasing an additional 1,693 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Invesco S&P SmallCap Consumer Staples ETF by 10.8% in the 2nd quarter. Bank of America Corp DE now owns 13,474 shares of the company’s stock valued at $448,000 after purchasing an additional 1,313 shares in the last quarter. Susquehanna International Group LLP lifted its position in shares of Invesco S&P SmallCap Consumer Staples ETF by 128.2% during the third quarter. Susquehanna International Group LLP now owns 15,776 shares of the company’s stock worth $520,000 after purchasing an additional 8,863 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC bought a new position in shares of Invesco S&P SmallCap Consumer Staples ETF during the fourth quarter worth about $622,000.

Invesco S&P SmallCap Consumer Staples ETF Price Performance

PSCC traded up $0.14 on Friday, reaching $37.42. The company’s stock had a trading volume of 3,938 shares, compared to its average volume of 11,095. Invesco S&P SmallCap Consumer Staples ETF has a 1 year low of $30.60 and a 1 year high of $38.22. The business’s 50 day moving average is $36.70 and its 200 day moving average is $34.39. The stock has a market cap of $39.29 million, a price-to-earnings ratio of 14.43 and a beta of 0.60.

Invesco S&P SmallCap Consumer Staples ETF Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were given a dividend of $0.1158 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 1.2%.

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.