Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Stock Short Interest Climbs 61.4%

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD – Get Free Report) was the target of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 970 shares, a growth of 61.4% from the September 15th total of 601 shares. Based on an average trading volume of 450 shares, the days-to-cover ratio is presently 2.2 days. Currently, 0.5% of the company’s shares are sold short.

Invesco S&P SmallCap Consumer Discretionary ETF Trading Up 0.7%

Invesco S&P SmallCap Consumer Discretionary ETF stock traded up $0.79 during mid-day trading on Friday, hitting $111.37. The stock had a trading volume of 38 shares, compared to its average volume of 2,569. The stock has a 50-day simple moving average of $113.47 and a two-hundred day simple moving average of $112.27. The stock has a market capitalization of $23.39 million, a PE ratio of 12.91 and a beta of 1.21. Invesco S&P SmallCap Consumer Discretionary ETF has a 12 month low of $95.84 and a 12 month high of $122.57.

Invesco S&P SmallCap Consumer Discretionary ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were issued a dividend of $0.2351 per share. The ex-dividend date of this dividend was Monday, September 21st. This represents a $0.94 annualized dividend and a yield of 0.8%. This is a decrease from Invesco S&P SmallCap Consumer Discretionary ETF’s previous quarterly dividend of $0.2943.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Invesco S&P SmallCap Consumer Discretionary ETF stock. Citadel Advisors LLC purchased a new position in shares of Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD – Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 2,853 shares of the company’s stock, valued at approximately $338,000. Citadel Advisors LLC owned 1.43% of Invesco S&P SmallCap Consumer Discretionary ETF at the end of the most recent reporting period.

About Invesco S&P SmallCap Consumer Discretionary ETF

(Get Free Report)

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.

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