Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) Sees Large Increase in Short Interest

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 21,100 shares, an increase of 1,523.1% from the November 30th total of 1,300 shares. Based on an average daily volume of 5,600 shares, the short-interest ratio is currently 3.8 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. IHT Wealth Management LLC bought a new stake in shares of Invesco S&P SmallCap Consumer Staples ETF during the third quarter worth $712,000. CreativeOne Wealth LLC acquired a new position in Invesco S&P SmallCap Consumer Staples ETF in the 3rd quarter valued at approximately $285,000. Gladstone Institutional Advisory LLC bought a new position in shares of Invesco S&P SmallCap Consumer Staples ETF during the third quarter valued at $211,000. Finally, Wilmington Savings Fund Society FSB bought a new position in shares of Invesco S&P SmallCap Consumer Staples ETF during the third quarter valued at $125,000.

Invesco S&P SmallCap Consumer Staples ETF Stock Down 1.2 %

Shares of PSCC stock traded down $0.45 during trading hours on Friday, reaching $37.97. The company’s stock had a trading volume of 3,561 shares, compared to its average volume of 10,314. Invesco S&P SmallCap Consumer Staples ETF has a fifty-two week low of $34.59 and a fifty-two week high of $41.03. The firm’s 50 day simple moving average is $38.72 and its 200-day simple moving average is $37.41. The company has a market capitalization of $53.54 million, a price-to-earnings ratio of 6.66 and a beta of 0.70.

Invesco S&P SmallCap Consumer Staples ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.1374 per share. The ex-dividend date was Monday, December 23rd.

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.