Short Interest in Invesco DWA Consumer Staples Momentum ETF (NASDAQ:PSL) Declines By 33.3%

Invesco DWA Consumer Staples Momentum ETF (NASDAQ:PSL) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 600 shares, a decline of 33.3% from the August 15th total of 900 shares. Based on an average trading volume of 1,800 shares, the short-interest ratio is presently 0.3 days.

NASDAQ PSL traded down $2.59 on Monday, hitting $88.03. 3,439 shares of the company traded hands, compared to its average volume of 3,678. The business’s 50 day moving average price is $91.76 and its 200-day moving average price is $93.10. Invesco DWA Consumer Staples Momentum ETF has a 52-week low of $74.92 and a 52-week high of $98.53.

Several large investors have recently bought and sold shares of PSL. Certified Advisory Corp purchased a new stake in shares of Invesco DWA Consumer Staples Momentum ETF in the first quarter worth about $47,000. Sowell Financial Services LLC purchased a new stake in shares of Invesco DWA Consumer Staples Momentum ETF in the first quarter worth about $51,000. Citadel Advisors LLC purchased a new stake in shares of Invesco DWA Consumer Staples Momentum ETF in the second quarter worth about $275,000. Stratos Wealth Partners LTD. lifted its position in shares of Invesco DWA Consumer Staples Momentum ETF by 26.7% in the second quarter. Stratos Wealth Partners LTD. now owns 3,076 shares of the company’s stock worth $288,000 after buying an additional 648 shares in the last quarter. Finally, Kingsview Wealth Management LLC purchased a new stake in shares of Invesco DWA Consumer Staples Momentum ETF in the second quarter worth about $316,000.

Invesco DWA Consumer Staples Momentum ETF Company Profile

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.

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