Short Interest in Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) Declines By 94.1%

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 551 shares, a decline of 94.1% from the July 15th total of 9,354 shares. Based on an average daily trading volume, of 6,026 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

Invesco S&P SmallCap Consumer Staples ETF Stock Up 0.5%

Invesco S&P SmallCap Consumer Staples ETF stock traded up $0.20 on Wednesday, hitting $37.18. The company’s stock had a trading volume of 5,137 shares, compared to its average volume of 10,709. Invesco S&P SmallCap Consumer Staples ETF has a one year low of $30.60 and a one year high of $38.02. The firm has a market cap of $39.04 million, a P/E ratio of 14.43 and a beta of 0.60. The company has a fifty day moving average price of $35.80 and a 200-day moving average price of $34.04.

Invesco S&P SmallCap Consumer Staples ETF Dividend Announcement

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

Institutional Inflows and Outflows

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

Invesco S&P SmallCap Consumer Staples ETF Company Profile

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.