Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) Short Interest Update

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 3,408 shares, a growth of 293.5% from the May 31st total of 866 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 6,317 shares, the days-to-cover ratio is presently 0.5 days.

Invesco S&P SmallCap Consumer Staples ETF Trading Up 1.3%

Shares of NASDAQ:PSCC traded up $0.46 during mid-day trading on Friday, reaching $36.02. The stock had a trading volume of 6,024 shares, compared to its average volume of 10,085. The firm has a market cap of $36.74 million, a PE ratio of 14.43 and a beta of 0.61. The firm has a 50 day simple moving average of $33.42 and a two-hundred day simple moving average of $32.95. Invesco S&P SmallCap Consumer Staples ETF has a twelve month low of $30.60 and a twelve month high of $36.65.

Invesco S&P SmallCap Consumer Staples ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a $0.1158 dividend. The ex-dividend date was Monday, June 22nd. This represents a $0.46 annualized dividend and a yield of 1.3%.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in PSCC. Kestra Advisory Services LLC bought a new stake in shares of Invesco S&P SmallCap Consumer Staples ETF in the 4th quarter valued at $101,000. Parr Mcknight Wealth Management Group LLC acquired a new stake in Invesco S&P SmallCap Consumer Staples ETF during the 1st quarter worth $223,000. Hohimer Wealth Management LLC bought a new position in Invesco S&P SmallCap Consumer Staples ETF during the fourth quarter worth about $240,000. Cornerstone Wealth Management LLC grew its stake in Invesco S&P SmallCap Consumer Staples ETF by 40.1% in the fourth quarter. Cornerstone Wealth Management LLC now owns 10,688 shares of the company’s stock valued at $332,000 after acquiring an additional 3,059 shares during the period. Finally, Summit Financial Consulting LLC grew its stake in Invesco S&P SmallCap Consumer Staples ETF by 22.9% in the fourth quarter. Summit Financial Consulting LLC now owns 11,535 shares of the company’s stock valued at $359,000 after acquiring an additional 2,147 shares during the period.

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.