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

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) saw a large increase in short interest in the month of 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 daily volume of 22,854 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

Invesco S&P SmallCap Consumer Staples ETF Price Performance

Shares of PSCC stock opened at $37.42 on Monday. The firm has a market capitalization of $39.29 million, a price-to-earnings ratio of 14.43 and a beta of 0.60. The stock has a fifty day moving average of $36.70 and a 200 day moving average of $34.40. Invesco S&P SmallCap Consumer Staples ETF has a 52 week low of $30.60 and a 52 week high of $38.22.

Invesco S&P SmallCap Consumer Staples ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a $0.1158 dividend. This represents a $0.46 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Monday, June 22nd.

Hedge Funds Weigh In On Invesco S&P SmallCap Consumer Staples ETF

Several large investors have recently made changes to their positions in PSCC. Compass Financial Management LLC bought a new position in shares of Invesco S&P SmallCap Consumer Staples ETF during the second quarter valued at $424,000. Parr Mcknight Wealth Management Group LLC bought a new stake in Invesco S&P SmallCap Consumer Staples ETF during the 1st quarter valued at about $223,000. IHT Wealth Management LLC raised its holdings in Invesco S&P SmallCap Consumer Staples ETF by 218.2% in the fourth quarter. IHT Wealth Management LLC now owns 43,681 shares of the company’s stock worth $1,358,000 after buying an additional 29,955 shares during the last quarter. Kestra Advisory Services LLC bought a new position in shares of Invesco S&P SmallCap Consumer Staples ETF in the fourth quarter worth approximately $101,000. Finally, Winter & Associates Inc. purchased a new stake in shares of Invesco S&P SmallCap Consumer Staples ETF during the fourth quarter valued at approximately $547,000.

About Invesco S&P SmallCap Consumer Staples ETF

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.