Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) Short Interest Up 1,523.1% in December

Invesco S&P SmallCap Consumer Staples ETF (NASDAQ:PSCC) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 21,100 shares, an increase of 1,523.1% from the November 30th total of 1,300 shares. Based on an average trading volume of 5,600 shares, the days-to-cover ratio is currently 3.8 days.

Invesco S&P SmallCap Consumer Staples ETF Trading Up 0.1 %

Shares of PSCC traded up $0.05 during midday trading on Thursday, reaching $38.32. The stock had a trading volume of 1,161 shares, compared to its average volume of 10,335. The company has a market capitalization of $54.03 million, a price-to-earnings ratio of 6.66 and a beta of 0.70. The company’s 50-day moving average is $38.72 and its 200 day moving average is $37.37. Invesco S&P SmallCap Consumer Staples ETF has a 12-month low of $34.59 and a 12-month high of $41.03.

Invesco S&P SmallCap Consumer Staples ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, December 27th. Stockholders of record on Monday, December 23rd will be issued a $0.1374 dividend. The ex-dividend date is Monday, December 23rd.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Wilmington Savings Fund Society FSB purchased a new position in Invesco S&P SmallCap Consumer Staples ETF in the 3rd quarter worth approximately $125,000. IHT Wealth Management LLC purchased a new stake in shares of Invesco S&P SmallCap Consumer Staples ETF during the third quarter valued at approximately $712,000. CreativeOne Wealth LLC bought a new position in shares of Invesco S&P SmallCap Consumer Staples ETF in the third quarter worth approximately $285,000. Finally, Gladstone Institutional Advisory LLC purchased a new position in shares of Invesco S&P SmallCap Consumer Staples ETF in the third quarter worth $211,000.

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.