Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) Short Interest Update

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCCGet Free Report) was the recipient of a significant drop in short interest in April. As of April 30th, there was short interest totaling 1,625 shares, a drop of 75.0% from the April 15th total of 6,497 shares. Based on an average daily trading volume, of 5,002 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the company’s stock are sold short.

Invesco S&P SmallCap Consumer Staples ETF Stock Performance

Shares of Invesco S&P SmallCap Consumer Staples ETF stock traded up $0.04 during trading hours on Thursday, reaching $32.39. The company’s stock had a trading volume of 3,326 shares, compared to its average volume of 11,360. Invesco S&P SmallCap Consumer Staples ETF has a one year low of $30.60 and a one year high of $36.65. The company has a market capitalization of $33.04 million, a P/E ratio of 14.43 and a beta of 0.63. The stock’s fifty day simple moving average is $32.46 and its two-hundred day simple moving average is $32.47.

Invesco S&P SmallCap Consumer Staples ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Monday, March 23rd were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, March 23rd.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in PSCC. Raymond James Financial Inc. lifted its position in shares of Invesco S&P SmallCap Consumer Staples ETF by 4.6% during 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 in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Invesco S&P SmallCap Consumer Staples ETF by 13.7% during the second quarter. Ameriprise Financial Inc. now owns 14,081 shares of the company’s stock valued at $468,000 after purchasing an additional 1,693 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Invesco S&P SmallCap Consumer Staples ETF by 10.8% during the second quarter. Bank of America Corp DE now owns 13,474 shares of the company’s stock valued at $448,000 after purchasing an additional 1,313 shares in the last quarter. Cornerstone Wealth Management LLC lifted its position in shares of Invesco S&P SmallCap Consumer Staples ETF by 6.4% during 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 in the last quarter. Finally, Founders Financial Alliance LLC bought a new position in shares of Invesco S&P SmallCap Consumer Staples ETF during the third quarter valued at about $40,000.

Invesco S&P SmallCap Consumer Staples ETF Company Profile

(Get Free Report)

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.

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