Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) Stock Short Interest Report for October

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) was the target of a significant growth in short interest in October. As of October 30th, there was short interest totaling 10,684 shares, a growth of 612.3% from the October 15th total of 1,500 shares. Based on an average daily volume of 12,156 shares, the short-interest ratio is currently 0.9 days. Approximately 1.0% of the company’s stock are sold short.

Invesco S&P SmallCap Consumer Staples ETF Stock Performance

Shares of NASDAQ PSCC opened at $37.22 on Wednesday. The company has a 50 day simple moving average of $34.97 and a two-hundred day simple moving average of $34.52. Invesco S&P SmallCap Consumer Staples ETF has a fifty-two week low of $30.60 and a fifty-two week high of $38.22. The company has a market capitalization of $39.45 million, a price-to-earnings ratio of 24.40 and a beta of 0.62.

Invesco S&P SmallCap Consumer Staples ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were paid a $0.2832 dividend. This represents a $1.13 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Monday, September 21st. This is an increase from Invesco S&P SmallCap Consumer Staples ETF’s previous quarterly dividend of $0.1158.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. bought a new stake in Invesco S&P SmallCap Consumer Staples ETF in the second quarter worth $214,000. Parr Mcknight Wealth Management Group LLC purchased a new stake in shares of Invesco S&P SmallCap Consumer Staples ETF in the first quarter worth $223,000. Compass Financial Management LLC purchased a new stake in shares of Invesco S&P SmallCap Consumer Staples ETF in the second quarter worth $424,000. Finally, Integrity Alliance LLC. bought a new position in shares of Invesco S&P SmallCap Consumer Staples ETF during the third quarter valued at $399,000.

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.