Short Interest in Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) Decreases By 94.1%

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 551 shares, a drop of 94.1% from the July 15th total of 9,354 shares. Based on an average daily volume of 6,026 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

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

A number of large investors have recently modified their holdings of PSCC. Bank of America Corp DE lifted its stake in Invesco S&P SmallCap Consumer Staples ETF by 6.8% in the third quarter. Bank of America Corp DE now owns 14,391 shares of the company’s stock valued at $474,000 after acquiring an additional 917 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of Invesco S&P SmallCap Consumer Staples ETF by 4.6% during the 2nd quarter. Raymond James Financial Inc. now owns 22,152 shares of the company’s stock worth $737,000 after purchasing an additional 976 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of Invesco S&P SmallCap Consumer Staples ETF by 13.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 14,081 shares of the company’s stock worth $468,000 after purchasing an additional 1,693 shares during the last quarter. Summit Financial Consulting LLC raised its holdings in shares of Invesco S&P SmallCap Consumer Staples ETF by 22.9% in the 4th quarter. Summit Financial Consulting LLC now owns 11,535 shares of the company’s stock valued at $359,000 after purchasing an additional 2,147 shares during the period. Finally, Cornerstone Wealth Management LLC raised its holdings in shares of Invesco S&P SmallCap Consumer Staples ETF by 40.1% in the 4th quarter. Cornerstone Wealth Management LLC now owns 10,688 shares of the company’s stock valued at $332,000 after purchasing an additional 3,059 shares during the period.

Invesco S&P SmallCap Consumer Staples ETF Stock Up 1.1%

PSCC traded up $0.40 during trading hours on Thursday, hitting $37.63. 1,629 shares of the company’s stock were exchanged, compared to its average volume of 10,679. Invesco S&P SmallCap Consumer Staples ETF has a 1-year low of $30.60 and a 1-year high of $38.02. The stock’s 50-day moving average is $35.90 and its two-hundred day moving average is $34.06. The stock has a market cap of $39.51 million, a price-to-earnings ratio of 14.43 and a beta of 0.60.

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 paid a $0.1158 dividend. This represents a $0.46 annualized dividend and a yield of 1.2%. The ex-dividend date was Monday, June 22nd.

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.