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

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

Hedge Funds Weigh In On Invesco S&P SmallCap Consumer Discretionary ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Virtu Financial LLC boosted its holdings in shares of Invesco S&P SmallCap Consumer Discretionary ETF by 9.0% in the 3rd quarter. Virtu Financial LLC now owns 14,150 shares of the company’s stock worth $1,578,000 after purchasing an additional 1,169 shares during the period. Parr Mcknight Wealth Management Group LLC purchased a new position in shares of Invesco S&P SmallCap Consumer Discretionary ETF in the 1st quarter worth approximately $1,216,000. EP Wealth Advisors LLC purchased a new position in shares of Invesco S&P SmallCap Consumer Discretionary ETF in the 4th quarter worth approximately $1,231,000. Jones Financial Companies Lllp boosted its holdings in shares of Invesco S&P SmallCap Consumer Discretionary ETF by 18,166.1% in the 1st quarter. Jones Financial Companies Lllp now owns 10,777 shares of the company’s stock worth $993,000 after purchasing an additional 10,718 shares during the period. Finally, Hohimer Wealth Management LLC purchased a new position in shares of Invesco S&P SmallCap Consumer Discretionary ETF in the 4th quarter worth approximately $614,000.

Invesco S&P SmallCap Consumer Discretionary ETF Price Performance

Shares of Invesco S&P SmallCap Consumer Discretionary ETF stock traded up $1.83 on Tuesday, reaching $111.56. The company had a trading volume of 1,461 shares, compared to its average volume of 4,274. The firm has a market cap of $23.43 million, a price-to-earnings ratio of 12.91 and a beta of 1.21. The firm’s 50-day moving average price is $107.02 and its two-hundred day moving average price is $108.26. Invesco S&P SmallCap Consumer Discretionary ETF has a 1 year low of $95.84 and a 1 year high of $117.10.

Invesco S&P SmallCap Consumer Discretionary ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Monday, March 23rd were issued a $0.3371 dividend. This is a positive change from Invesco S&P SmallCap Consumer Discretionary ETF’s previous quarterly dividend of $0.29. The ex-dividend date was Monday, March 23rd. 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

(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.

Recommended Stories

Receive News & Ratings for Invesco S&P SmallCap Consumer Discretionary ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco S&P SmallCap Consumer Discretionary ETF and related companies with MarketBeat.com's FREE daily email newsletter.