Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Short Interest Up 26.7% in January

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 1,900 shares, an increase of 26.7% from the January 15th total of 1,500 shares. Based on an average daily volume of 1,000 shares, the short-interest ratio is presently 1.9 days.

Institutional Trading of Invesco S&P SmallCap Consumer Discretionary ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Meridian Investment Counsel Inc. purchased a new stake in Invesco S&P SmallCap Consumer Discretionary ETF during the third quarter valued at approximately $209,000. Narus Financial Partners LLC increased its holdings in Invesco S&P SmallCap Consumer Discretionary ETF by 57.9% during the fourth quarter. Narus Financial Partners LLC now owns 4,016 shares of the company’s stock valued at $437,000 after buying an additional 1,472 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Invesco S&P SmallCap Consumer Discretionary ETF during the fourth quarter valued at approximately $569,000. Tower Research Capital LLC TRC increased its holdings in Invesco S&P SmallCap Consumer Discretionary ETF by 19.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 10,829 shares of the company’s stock valued at $1,180,000 after buying an additional 1,730 shares during the last quarter. Finally, Virtu Financial LLC purchased a new stake in Invesco S&P SmallCap Consumer Discretionary ETF during the fourth quarter valued at approximately $306,000.

Invesco S&P SmallCap Consumer Discretionary ETF Price Performance

Invesco S&P SmallCap Consumer Discretionary ETF stock traded up $0.11 during midday trading on Friday, reaching $109.81. 119 shares of the company traded hands, compared to its average volume of 1,191. The firm has a market capitalization of $26.35 million, a price-to-earnings ratio of 11.83 and a beta of 1.42. The business has a 50 day moving average of $111.08 and a two-hundred day moving average of $109.23. Invesco S&P SmallCap Consumer Discretionary ETF has a 12 month low of $96.78 and a 12 month high of $119.15.

Invesco S&P SmallCap Consumer Discretionary ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $0.2715 per share. The ex-dividend date was Monday, December 23rd.

About Invesco S&P SmallCap Consumer Discretionary ETF

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.