Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Short Interest Update

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) saw a large decline in short interest in February. As of February 28th, there was short interest totalling 2,500 shares, a decline of 26.5% from the February 13th total of 3,400 shares. Currently, 1.0% of the company’s stock are short sold. Based on an average trading volume of 900 shares, the days-to-cover ratio is currently 2.8 days.

Hedge Funds Weigh In On Invesco S&P SmallCap Consumer Discretionary ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Meridian Investment Counsel Inc. purchased a new position in Invesco S&P SmallCap Consumer Discretionary ETF during the 3rd quarter valued at about $209,000. Virtu Financial LLC purchased a new position in Invesco S&P SmallCap Consumer Discretionary ETF during the 4th quarter valued at about $306,000. Citadel Advisors LLC purchased a new position in Invesco S&P SmallCap Consumer Discretionary ETF during the 4th quarter valued at about $311,000. Narus Financial Partners LLC grew its stake in Invesco S&P SmallCap Consumer Discretionary ETF by 57.9% during the 4th quarter. Narus Financial Partners LLC now owns 4,016 shares of the company’s stock valued at $437,000 after acquiring an additional 1,472 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Invesco S&P SmallCap Consumer Discretionary ETF during the 4th quarter valued at about $569,000.

Invesco S&P SmallCap Consumer Discretionary ETF Trading Up 2.2 %

NASDAQ:PSCD traded up $1.98 on Friday, hitting $91.97. 340 shares of the company’s stock traded hands, compared to its average volume of 1,339. Invesco S&P SmallCap Consumer Discretionary ETF has a 1 year low of $89.99 and a 1 year high of $119.15. The firm has a 50-day moving average price of $107.07 and a 200-day moving average price of $108.79. The company has a market cap of $22.07 million, a PE ratio of 12.45 and a beta of 1.42.

Invesco S&P SmallCap Consumer Discretionary ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.2715 per share. The ex-dividend date was Monday, December 23rd.

About Invesco S&P SmallCap Consumer Discretionary ETF

PowerShares S&P SmallCap Consumer Discretionary Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called the S&P SmallCap 600 Capped Consumer Discretionary Index (the Underlying Index). The Underlying Index consists of common stocks of the United States consumer discretionary companies that are principally engaged in the businesses of providing consumer goods and services that are cyclical in nature, including, but not limited to, household durables, leisure products and services, computers and electronics, automobiles and auto components, hotel and restaurant services, and television and other entertainment goods and services.