Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) Short Interest Up 136.9% in July

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 9,354 shares, an increase of 136.9% from the June 30th total of 3,949 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average daily trading volume, of 11,134 shares, the days-to-cover ratio is presently 0.8 days.

Invesco S&P SmallCap Consumer Staples ETF Stock Down 0.1%

PSCC opened at $37.04 on Tuesday. Invesco S&P SmallCap Consumer Staples ETF has a 12-month low of $30.60 and a 12-month high of $37.23. The stock has a market cap of $38.52 million, a price-to-earnings ratio of 14.43 and a beta of 0.60. The business has a 50 day moving average of $34.83 and a 200-day moving average of $33.63.

Invesco S&P SmallCap Consumer Staples ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a dividend of $0.1158 per share. The ex-dividend date of this dividend 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

Several institutional investors and hedge funds have recently modified their holdings of PSCC. Raymond James Financial Inc. raised its position in shares of Invesco S&P SmallCap Consumer Staples ETF by 4.6% in the second quarter. Raymond James Financial Inc. now owns 22,152 shares of the company’s stock valued at $737,000 after purchasing an additional 976 shares during the period. Ameriprise Financial Inc. grew its stake in Invesco S&P SmallCap Consumer Staples ETF by 13.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 14,081 shares of the company’s stock valued at $468,000 after buying an additional 1,693 shares during the last quarter. Bank of America Corp DE raised its holdings in Invesco S&P SmallCap Consumer Staples ETF by 10.8% in the 2nd quarter. Bank of America Corp DE now owns 13,474 shares of the company’s stock valued at $448,000 after acquiring an additional 1,313 shares during the period. Susquehanna International Group LLP raised its holdings in Invesco S&P SmallCap Consumer Staples ETF by 128.2% in the 3rd quarter. Susquehanna International Group LLP now owns 15,776 shares of the company’s stock valued at $520,000 after acquiring an additional 8,863 shares during the period. Finally, Summit Financial Consulting LLC lifted its position in Invesco S&P SmallCap Consumer Staples ETF by 22.9% during the fourth quarter. Summit Financial Consulting LLC now owns 11,535 shares of the company’s stock worth $359,000 after acquiring an additional 2,147 shares during the last quarter.

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.