Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Short Interest Up 1,075.3% in May

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 1,046 shares, a growth of 1,075.3% from the May 14th total of 89 shares. Based on an average daily trading volume, of 2,048 shares, the short-interest ratio is presently 0.5 days. Approximately 0.5% of the company’s stock are short sold.

Institutional Trading of Invesco S&P SmallCap Consumer Discretionary ETF

A number of large investors have recently made changes to their positions in PSCD. LPL Financial LLC increased its stake in Invesco S&P SmallCap Consumer Discretionary ETF by 10.2% in the fourth quarter. LPL Financial LLC now owns 3,670 shares of the company’s stock valued at $385,000 after purchasing an additional 340 shares during the last quarter. Hohimer Wealth Management LLC purchased a new position in Invesco S&P SmallCap Consumer Discretionary ETF in the fourth quarter valued at approximately $614,000. Jones Financial Companies Lllp increased its stake in Invesco S&P SmallCap Consumer Discretionary ETF by 18,166.1% in the first quarter. Jones Financial Companies Lllp now owns 10,777 shares of the company’s stock valued at $993,000 after purchasing an additional 10,718 shares during the last quarter. EP Wealth Advisors LLC increased its stake in Invesco S&P SmallCap Consumer Discretionary ETF by 6.9% in the second quarter. EP Wealth Advisors LLC now owns 11,357 shares of the company’s stock valued at $1,143,000 after purchasing an additional 735 shares during the last quarter. Finally, Parr Mcknight Wealth Management Group LLC purchased a new position in Invesco S&P SmallCap Consumer Discretionary ETF in the first quarter valued at approximately $1,216,000.

Invesco S&P SmallCap Consumer Discretionary ETF Price Performance

Shares of PSCD stock traded up $1.15 during trading hours on Wednesday, reaching $112.71. 259 shares of the stock were exchanged, compared to its average volume of 4,237. The business’s fifty day moving average is $107.02 and its two-hundred day moving average is $108.26. Invesco S&P SmallCap Consumer Discretionary ETF has a 12-month low of $95.84 and a 12-month high of $117.10. The firm has a market capitalization of $23.67 million, a P/E ratio of 12.91 and a beta of 1.21.

Invesco S&P SmallCap Consumer Discretionary ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were paid a dividend of $0.3371 per share. The ex-dividend date was Monday, March 23rd. This is a positive change from Invesco S&P SmallCap Consumer Discretionary ETF’s previous quarterly dividend of $0.29. This represents a $1.35 dividend on an annualized basis and a dividend yield of 1.2%.

About Invesco S&P SmallCap Consumer Discretionary ETF

PowerShares S&P SmallCap Consumer Discretionary Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called the S&P SmallCap 600 Capped Consumer Discretionary Index (the Underlying Index). The Underlying Index consists of common stocks of the United States consumer discretionary companies that are principally engaged in the businesses of providing consumer goods and services that are cyclical in nature, including, but not limited to, household durables, leisure products and services, computers and electronics, automobiles and auto components, hotel and restaurant services, and television and other entertainment goods and services.