Short Interest in Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) Declines By 24.7%

Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) was the target of a large decrease in short interest in January. As of January 30th, there was short interest totaling 347 shares, a decrease of 24.7% from the January 15th total of 461 shares. Based on an average daily trading volume, of 2,389 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 2,389 shares, the short-interest ratio is currently 0.1 days.

Invesco Dorsey Wright Consumer Staples Momentum ETF Stock Up 0.4%

PSL traded up $0.50 on Friday, reaching $113.51. The company had a trading volume of 448 shares, compared to its average volume of 2,595. Invesco Dorsey Wright Consumer Staples Momentum ETF has a 1 year low of $97.96 and a 1 year high of $114.45. The stock has a market capitalization of $94.21 million, a PE ratio of 18.50 and a beta of 0.69. The stock has a 50-day moving average price of $105.42 and a 200-day moving average price of $106.79.

Invesco Dorsey Wright Consumer Staples Momentum ETF Increases Dividend

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

Institutional Trading of Invesco Dorsey Wright Consumer Staples Momentum ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Benjamin Edwards Inc. boosted its stake in Invesco Dorsey Wright Consumer Staples Momentum ETF by 6.8% during the 4th quarter. Benjamin Edwards Inc. now owns 2,511 shares of the company’s stock worth $252,000 after purchasing an additional 160 shares during the period. Capital Analysts LLC raised its holdings in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 32.8% in the fourth quarter. Capital Analysts LLC now owns 685 shares of the company’s stock valued at $69,000 after buying an additional 169 shares during the last quarter. US Bancorp DE acquired a new stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF during the third quarter worth about $25,000. Janney Montgomery Scott LLC grew its holdings in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 11.3% during the second quarter. Janney Montgomery Scott LLC now owns 2,945 shares of the company’s stock worth $326,000 after buying an additional 300 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in Invesco Dorsey Wright Consumer Staples Momentum ETF in the 4th quarter valued at about $44,000.

Invesco Dorsey Wright Consumer Staples Momentum ETF Company Profile

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.