Short Interest in Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) Decreases By 92.9%

Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSLGet Free Report) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totalling 400 shares, a decrease of 92.9% from the December 15th total of 5,600 shares. Based on an average daily trading volume, of 2,300 shares, the days-to-cover ratio is currently 0.2 days.

Invesco Dorsey Wright Consumer Staples Momentum ETF Trading Up 1.2 %

Shares of PSL traded up $1.24 during mid-day trading on Tuesday, reaching $105.67. 781 shares of the stock traded hands, compared to its average volume of 1,310. The company has a market cap of $91.93 million, a price-to-earnings ratio of 25.07 and a beta of 0.73. Invesco Dorsey Wright Consumer Staples Momentum ETF has a 1 year low of $90.73 and a 1 year high of $110.81. The firm has a fifty day moving average price of $107.11 and a 200 day moving average price of $102.16.

Invesco Dorsey Wright Consumer Staples Momentum ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.2084 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Trading of Invesco Dorsey Wright Consumer Staples Momentum ETF

Large investors have recently modified their holdings of the business. Maltin Wealth Management Inc. grew its position in Invesco Dorsey Wright Consumer Staples Momentum ETF by 10.6% in the third quarter. Maltin Wealth Management Inc. now owns 6,250 shares of the company’s stock worth $636,000 after acquiring an additional 597 shares in the last quarter. Howe & Rusling Inc. bought a new stake in Invesco Dorsey Wright Consumer Staples Momentum ETF during the third quarter worth about $41,000. Meridian Wealth Management LLC bought a new stake in Invesco Dorsey Wright Consumer Staples Momentum ETF during the third quarter worth about $206,000. Finally, Sunbelt Securities Inc. boosted its holdings in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 46,775.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,875 shares of the company’s stock worth $191,000 after purchasing an additional 1,871 shares in the last quarter.

About Invesco Dorsey Wright Consumer Staples Momentum ETF

(Get Free Report)

PowerShares Dynamic Consumer Staples Sector Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Consumer Staples Sector Intellidex Index (the Index). The Fund will normally invest at least 80% of its total assets in common stocks of consumer staples companies.

Further Reading

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