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 in the month of February. As of February 13th, there was short interest totaling 166 shares, a decline of 52.2% from the January 29th total of 347 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 2,870 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 2,870 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On Invesco Dorsey Wright Consumer Staples Momentum ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Osaic Holdings Inc. increased 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 acquiring an additional 1,200 shares during the period. Jones Financial Companies Lllp raised its stake in Invesco Dorsey Wright Consumer Staples Momentum ETF by 60.4% during 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 during the last quarter. J.W. Cole Advisors Inc. grew its stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 94.6% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 8,543 shares of the company’s stock valued at $939,000 after purchasing an additional 4,154 shares during the period. US Bancorp DE bought a new position in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF in the 3rd quarter worth approximately $25,000. Finally, UBS Group AG raised its holdings in Invesco Dorsey Wright Consumer Staples Momentum ETF by 32.9% in the 3rd quarter. UBS Group AG now owns 13,273 shares of the company’s stock worth $1,459,000 after purchasing an additional 3,285 shares during the period.

Invesco Dorsey Wright Consumer Staples Momentum ETF Stock Up 0.2%

NASDAQ:PSL traded up $0.20 during trading hours on Friday, reaching $116.73. The company had a trading volume of 3,506 shares, compared to its average volume of 2,769. The stock has a 50-day moving average of $107.88 and a two-hundred day moving average of $107.18. Invesco Dorsey Wright Consumer Staples Momentum ETF has a one year low of $97.96 and a one year high of $116.55. The firm has a market capitalization of $96.88 million, a PE ratio of 18.50 and a beta of 0.69.

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. This is a boost from Invesco Dorsey Wright Consumer Staples Momentum ETF’s previous quarterly dividend of $0.20. This represents a $0.94 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, December 22nd.

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.