Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) Short Interest Down 52.2% in February

Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) saw a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 166 shares, a drop of 52.2% from the January 29th total of 347 shares. Based on an average daily trading volume, of 2,870 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,870 shares, the short-interest ratio is currently 0.1 days.

Invesco Dorsey Wright Consumer Staples Momentum ETF Trading Up 0.2%

NASDAQ PSL traded up $0.20 during trading on Friday, reaching $116.73. The company’s stock had a trading volume of 3,506 shares, compared to its average volume of 2,769. The firm has a 50 day moving average price of $107.88 and a 200 day moving average price of $107.18. Invesco Dorsey Wright Consumer Staples Momentum ETF has a 12 month low of $97.96 and a 12 month high of $116.55. The firm has a market capitalization of $96.88 million, a price-to-earnings ratio of 18.50 and a beta of 0.69.

Invesco Dorsey Wright Consumer Staples Momentum ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were paid a $0.2349 dividend. This represents a $0.94 dividend on an annualized basis and a yield of 0.8%. This is a boost from Invesco Dorsey Wright Consumer Staples Momentum ETF’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Monday, December 22nd.

Institutional Investors Weigh In On Invesco Dorsey Wright Consumer Staples Momentum ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. IMC Chicago LLC purchased a new position in Invesco Dorsey Wright Consumer Staples Momentum ETF during the 4th quarter worth $4,234,000. Ameriprise Financial Inc. purchased a new position in Invesco Dorsey Wright Consumer Staples Momentum ETF during the 3rd quarter valued at about $955,000. Two Sigma Investments LP bought a new position in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF during the third quarter valued at $605,000. J.W. Cole Advisors Inc. grew its position in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 94.6% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 8,543 shares of the company’s stock valued at $939,000 after acquiring an additional 4,154 shares during the period. Finally, UBS Group AG grew its stake in Invesco Dorsey Wright Consumer Staples Momentum ETF by 32.9% during the third quarter. UBS Group AG now owns 13,273 shares of the company’s stock valued at $1,459,000 after acquiring an additional 3,285 shares in the last quarter.

About Invesco Dorsey Wright Consumer Staples Momentum ETF

PowerShares Dynamic Consumer Staples Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Staples Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer staples companies. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index consists of stocks of 60 United States consumer staples companies. These are 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.