Short Interest in Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) Drops By 90.0%

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) saw a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 2,100 shares, a drop of 90.0% from the December 31st total of 21,100 shares. Based on an average daily volume of 5,800 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On Invesco S&P SmallCap Consumer Staples ETF

Large investors have recently made changes to their positions in the business. Wilmington Savings Fund Society FSB purchased a new stake in Invesco S&P SmallCap Consumer Staples ETF in the third quarter worth about $125,000. IHT Wealth Management LLC bought a new position in shares of Invesco S&P SmallCap Consumer Staples ETF in the third quarter worth approximately $712,000. CreativeOne Wealth LLC bought a new position in shares of Invesco S&P SmallCap Consumer Staples ETF during the third quarter valued at $285,000. Finally, Gladstone Institutional Advisory LLC purchased a new stake in shares of Invesco S&P SmallCap Consumer Staples ETF during the 3rd quarter valued at about $211,000.

Invesco S&P SmallCap Consumer Staples ETF Price Performance

NASDAQ PSCC traded down $0.56 during trading on Tuesday, hitting $38.02. 4,723 shares of the company’s stock traded hands, compared to its average volume of 5,619. The firm has a market cap of $52.09 million, a P/E ratio of 6.66 and a beta of 0.70. Invesco S&P SmallCap Consumer Staples ETF has a 12-month low of $34.59 and a 12-month high of $41.03. The stock has a fifty day moving average of $38.72 and a two-hundred day moving average of $37.76.

Invesco S&P SmallCap Consumer Staples ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.1374 per share. The ex-dividend date was Monday, December 23rd.

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.