Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Short Interest Up 141.7% in March

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) was the target of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 2,900 shares, a growth of 141.7% from the March 15th total of 1,200 shares. Based on an average daily volume of 1,600 shares, the short-interest ratio is currently 1.8 days. Currently, 1.3% of the shares of the stock are short sold.

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

Several large investors have recently modified their holdings of PSCD. Narus Financial Partners LLC increased its stake in Invesco S&P SmallCap Consumer Discretionary ETF by 57.9% during the 4th quarter. Narus Financial Partners LLC now owns 4,016 shares of the company’s stock worth $437,000 after purchasing an additional 1,472 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Invesco S&P SmallCap Consumer Discretionary ETF during the fourth quarter worth $569,000. Virtu Financial LLC bought a new position in Invesco S&P SmallCap Consumer Discretionary ETF during the 4th quarter worth about $306,000. Tower Research Capital LLC TRC increased its holdings in Invesco S&P SmallCap Consumer Discretionary ETF by 19.0% during the 4th quarter. Tower Research Capital LLC TRC now owns 10,829 shares of the company’s stock worth $1,180,000 after purchasing an additional 1,730 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new stake in shares of Invesco S&P SmallCap Consumer Discretionary ETF in the 4th quarter valued at about $311,000.

Invesco S&P SmallCap Consumer Discretionary ETF Price Performance

Shares of PSCD stock traded down $0.23 during trading hours on Tuesday, hitting $84.26. The stock had a trading volume of 594 shares, compared to its average volume of 1,459. The stock’s 50-day moving average price is $97.30 and its two-hundred day moving average price is $106.10. Invesco S&P SmallCap Consumer Discretionary ETF has a one year low of $79.29 and a one year high of $119.15. The stock has a market capitalization of $18.54 million, a price-to-earnings ratio of 11.90 and a beta of 1.37.

Invesco S&P SmallCap Consumer Discretionary ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a $0.3319 dividend. This is an increase from Invesco S&P SmallCap Consumer Discretionary ETF’s previous dividend of $0.27. The ex-dividend date of this dividend was Monday, March 24th.

About Invesco S&P SmallCap Consumer Discretionary ETF

PowerShares S&P SmallCap Consumer Discretionary Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called the S&P SmallCap 600 Capped Consumer Discretionary Index (the Underlying Index). The Underlying Index consists of common stocks of the United States consumer discretionary companies that are principally engaged in the businesses of providing consumer goods and services that are cyclical in nature, including, but not limited to, household durables, leisure products and services, computers and electronics, automobiles and auto components, hotel and restaurant services, and television and other entertainment goods and services.