Short Interest in Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) Drops By 83.3%

Invesco Dorsey Wright Consumer Staples Momentum ETF (NASDAQ:PSL) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 200 shares, a decrease of 83.3% from the March 15th total of 1,200 shares. Based on an average daily volume of 4,100 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Invesco Dorsey Wright Consumer Staples Momentum ETF

Large investors have recently modified their holdings of the stock. Jones Financial Companies Lllp grew its stake in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 265.2% in the 4th quarter. Jones Financial Companies Lllp now owns 252 shares of the company’s stock worth $26,000 after purchasing an additional 183 shares during the last quarter. Global Retirement Partners LLC raised its position in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 21.6% in the fourth quarter. Global Retirement Partners LLC now owns 857 shares of the company’s stock valued at $90,000 after purchasing an additional 152 shares during the period. Sunbelt Securities Inc. boosted its position in shares of Invesco Dorsey Wright Consumer Staples Momentum ETF by 46,775.0% in the third 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. Selective Wealth Management Inc. acquired a new position in Invesco Dorsey Wright Consumer Staples Momentum ETF in the 1st quarter valued at approximately $203,000. Finally, Benjamin Edwards Inc. acquired a new stake in Invesco Dorsey Wright Consumer Staples Momentum ETF during the fourth quarter valued at approximately $247,000.

Invesco Dorsey Wright Consumer Staples Momentum ETF Price Performance

Shares of NASDAQ:PSL traded up $0.02 on Wednesday, reaching $108.23. The company’s stock had a trading volume of 2,043 shares, compared to its average volume of 2,730. The stock has a market capitalization of $90.92 million, a P/E ratio of 20.73 and a beta of 0.75. The stock’s 50-day moving average is $108.02 and its two-hundred day moving average is $106.67. Invesco Dorsey Wright Consumer Staples Momentum ETF has a 52-week low of $91.63 and a 52-week high of $114.45.

Invesco Dorsey Wright Consumer Staples Momentum ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a $0.2207 dividend. This is an increase from Invesco Dorsey Wright Consumer Staples Momentum ETF’s previous dividend of $0.21. The ex-dividend date was Monday, March 24th.

Invesco Dorsey Wright Consumer Staples Momentum ETF Company Profile

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.