Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) Short Interest Up 146.2% in February

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) saw a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 3,200 shares, an increase of 146.2% from the January 31st total of 1,300 shares. Based on an average trading volume of 5,500 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. IHT Wealth Management LLC purchased a new position in shares of Invesco S&P SmallCap Consumer Staples ETF in the 3rd quarter worth about $712,000. Raymond James Financial Inc. purchased a new position in Invesco S&P SmallCap Consumer Staples ETF in the fourth quarter valued at approximately $673,000. CreativeOne Wealth LLC acquired a new position in Invesco S&P SmallCap Consumer Staples ETF during the third quarter valued at approximately $285,000. Citadel Advisors LLC acquired a new position in Invesco S&P SmallCap Consumer Staples ETF during the fourth quarter valued at approximately $219,000. Finally, Gladstone Institutional Advisory LLC purchased a new stake in Invesco S&P SmallCap Consumer Staples ETF during the third quarter worth approximately $211,000.

Invesco S&P SmallCap Consumer Staples ETF Price Performance

PSCC stock traded up $0.30 on Friday, hitting $36.55. 5,328 shares of the company were exchanged, compared to its average volume of 5,385. The stock has a market capitalization of $50.07 million, a price-to-earnings ratio of 18.50 and a beta of 0.70. Invesco S&P SmallCap Consumer Staples ETF has a twelve month low of $34.59 and a twelve month high of $41.03. The business’s fifty day moving average is $37.44 and its two-hundred day moving average is $37.82.

Invesco S&P SmallCap Consumer Staples ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a $0.1374 dividend. 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.