Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) Short Interest Down 39.6% in January

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 20,940 shares, a drop of 39.6% from the January 15th total of 34,654 shares. Currently, 2.0% of the shares of the company are short sold. Based on an average daily volume of 13,154 shares, the short-interest ratio is presently 1.6 days. Based on an average daily volume of 13,154 shares, the short-interest ratio is presently 1.6 days. Currently, 2.0% of the shares of the company are short sold.

Invesco S&P SmallCap Consumer Staples ETF Trading Up 0.4%

PSCC traded up $0.12 during mid-day trading on Friday, hitting $34.50. 16,904 shares of the stock were exchanged, compared to its average volume of 16,477. The company has a market cap of $35.88 million, a PE ratio of 14.43 and a beta of 0.60. The firm’s fifty day moving average is $32.39 and its two-hundred day moving average is $32.90. Invesco S&P SmallCap Consumer Staples ETF has a 1-year low of $30.60 and a 1-year high of $38.19.

Invesco S&P SmallCap Consumer Staples ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a $0.1414 dividend. This represents a $0.57 annualized dividend and a yield of 1.6%. The ex-dividend date was Monday, December 22nd.

Institutional Investors Weigh In On Invesco S&P SmallCap Consumer Staples ETF

A number of institutional investors and hedge funds have recently made changes to their positions in PSCC. Founders Financial Alliance LLC acquired a new position in shares of Invesco S&P SmallCap Consumer Staples ETF during the 3rd quarter worth $40,000. Cornerstone Wealth Management LLC grew its position in shares of Invesco S&P SmallCap Consumer Staples ETF by 6.4% in the third quarter. Cornerstone Wealth Management LLC now owns 7,629 shares of the company’s stock valued at $252,000 after purchasing an additional 456 shares during the last quarter. Hohimer Wealth Management LLC purchased a new position in shares of Invesco S&P SmallCap Consumer Staples ETF during the 4th quarter worth approximately $240,000. Summit Financial Consulting LLC raised its position in shares of Invesco S&P SmallCap Consumer Staples ETF by 11.8% during the 3rd quarter. Summit Financial Consulting LLC now owns 9,388 shares of the company’s stock worth $309,000 after purchasing an additional 994 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its stake in Invesco S&P SmallCap Consumer Staples ETF by 66.1% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 9,884 shares of the company’s stock valued at $329,000 after buying an additional 3,935 shares in the last quarter.

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.