Short Interest in Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) Decreases By 18.2%

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) was the target of a large decline in short interest during the month of November. As of November 15th, there was short interest totalling 1,800 shares, a decline of 18.2% from the October 31st total of 2,200 shares. Based on an average daily volume of 5,300 shares, the short-interest ratio is currently 0.3 days.

Invesco S&P SmallCap Consumer Staples ETF Stock Down 0.2 %

PSCC stock opened at $40.20 on Monday. The stock has a market cap of $56.68 million, a price-to-earnings ratio of 6.66 and a beta of 0.70. Invesco S&P SmallCap Consumer Staples ETF has a fifty-two week low of $34.54 and a fifty-two week high of $40.67. The business has a 50 day moving average price of $37.92 and a 200 day moving average price of $36.97.

Invesco S&P SmallCap Consumer Staples ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were given a $0.255 dividend. This is an increase from Invesco S&P SmallCap Consumer Staples ETF’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Monday, September 23rd. This represents a $1.02 annualized dividend and a yield of 2.54%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Wilmington Savings Fund Society FSB purchased a new position in Invesco S&P SmallCap Consumer Staples ETF in the 3rd quarter valued at $125,000. IHT Wealth Management LLC acquired a new position in shares of Invesco S&P SmallCap Consumer Staples ETF during the third quarter worth about $712,000. CreativeOne Wealth LLC purchased a new position in Invesco S&P SmallCap Consumer Staples ETF during the third quarter worth about $285,000. Gladstone Institutional Advisory LLC acquired a new stake in Invesco S&P SmallCap Consumer Staples ETF in the third quarter valued at about $211,000. Finally, Family Firm Inc. purchased a new stake in Invesco S&P SmallCap Consumer Staples ETF in the 2nd quarter valued at approximately $81,000.

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.