Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) Short Interest Update

Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 5,700 shares, an increase of 216.7% from the February 13th total of 1,800 shares. Based on an average daily trading volume, of 3,300 shares, the short-interest ratio is currently 1.7 days. Currently, 0.7% of the company’s stock are short sold.

Invesco Dorsey Wright Consumer Staples Momentum ETF Stock Up 1.6 %

PSL stock opened at $104.74 on Friday. Invesco Dorsey Wright Consumer Staples Momentum ETF has a twelve month low of $91.63 and a twelve month high of $114.45. The company has a market cap of $87.98 million, a price-to-earnings ratio of 20.49 and a beta of 0.73. The business has a 50 day moving average price of $109.03 and a two-hundred day moving average price of $105.71.

Invesco Dorsey Wright Consumer Staples Momentum ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.2084 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Meridian Wealth Management LLC bought a new position in Invesco Dorsey Wright Consumer Staples Momentum ETF during the third quarter worth about $206,000. Global Retirement Partners LLC boosted its stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 21.6% during the 4th quarter. Global Retirement Partners LLC now owns 857 shares of the company’s stock worth $90,000 after acquiring an additional 152 shares during the period. IMC Chicago LLC increased its holdings in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 74.6% during the 4th quarter. IMC Chicago LLC now owns 18,258 shares of the company’s stock worth $1,916,000 after acquiring an additional 7,799 shares during the last quarter. Sunbelt Securities Inc. raised its stake in Invesco Dorsey Wright Consumer Staples Momentum ETF by 46,775.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,875 shares of the company’s stock valued at $191,000 after acquiring an additional 1,871 shares during the period. Finally, Howe & Rusling Inc. acquired a new stake in Invesco Dorsey Wright Consumer Staples Momentum ETF during the 3rd quarter valued at $41,000.

About Invesco Dorsey Wright Consumer Staples Momentum ETF

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.