Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) Short Interest Update

Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 520 shares, a decline of 25.4% from the December 15th total of 697 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 1,209 shares, the short-interest ratio is presently 0.4 days. Based on an average daily trading volume, of 1,209 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the company’s shares are sold short.

Invesco Dorsey Wright Consumer Staples Momentum ETF Price Performance

Shares of Invesco Dorsey Wright Consumer Staples Momentum ETF stock traded down $0.10 on Friday, hitting $107.82. 2,282 shares of the company’s stock traded hands, compared to its average volume of 2,517. The firm’s 50-day moving average price is $101.41 and its two-hundred day moving average price is $106.73. The stock has a market capitalization of $89.49 million, a PE ratio of 18.50 and a beta of 0.69. Invesco Dorsey Wright Consumer Staples Momentum ETF has a one year low of $97.96 and a one year high of $114.45.

Invesco Dorsey Wright Consumer Staples Momentum ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a $0.2349 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This is a positive change from Invesco Dorsey Wright Consumer Staples Momentum ETF’s previous quarterly dividend of $0.20. This represents a $0.94 annualized dividend and a yield of 0.9%.

Institutional Trading of Invesco Dorsey Wright Consumer Staples Momentum ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. US Bancorp DE acquired a new position in Invesco Dorsey Wright Consumer Staples Momentum ETF during the third quarter valued at approximately $25,000. Janney Montgomery Scott LLC grew its holdings in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 11.3% in the 2nd quarter. Janney Montgomery Scott LLC now owns 2,945 shares of the company’s stock valued at $326,000 after buying an additional 300 shares during the period. Jones Financial Companies Lllp increased its position in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 60.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 3,071 shares of the company’s stock valued at $335,000 after buying an additional 1,157 shares in the last quarter. Osaic Holdings Inc. raised its stake in Invesco Dorsey Wright Consumer Staples Momentum ETF by 29.4% during the 2nd quarter. Osaic Holdings Inc. now owns 5,283 shares of the company’s stock worth $583,000 after buying an additional 1,200 shares during the period. Finally, Two Sigma Investments LP bought a new position in Invesco Dorsey Wright Consumer Staples Momentum ETF during the third quarter worth about $605,000.

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.