Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) Short Interest Down 26.5% in February

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) was the target of 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. Based on an average daily volume of 900 shares, the short-interest ratio is currently 2.8 days. Currently, 1.0% of the company’s stock are sold short.

Institutional Trading of Invesco S&P SmallCap Consumer Discretionary ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Meridian Investment Counsel Inc. bought a new stake in shares of Invesco S&P SmallCap Consumer Discretionary ETF during the 3rd quarter worth approximately $209,000. Virtu Financial LLC acquired a new position in Invesco S&P SmallCap Consumer Discretionary ETF in the 4th quarter valued at about $306,000. Citadel Advisors LLC acquired a new stake in Invesco S&P SmallCap Consumer Discretionary ETF during the 4th quarter worth approximately $311,000. Narus Financial Partners LLC lifted its holdings in shares of Invesco S&P SmallCap Consumer Discretionary ETF by 57.9% during the fourth quarter. Narus Financial Partners LLC now owns 4,016 shares of the company’s stock worth $437,000 after buying an additional 1,472 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Invesco S&P SmallCap Consumer Discretionary ETF in the 4th quarter valued at about $569,000.

Invesco S&P SmallCap Consumer Discretionary ETF Price Performance

Shares of Invesco S&P SmallCap Consumer Discretionary ETF stock traded up $1.06 on Monday, hitting $93.18. The company had a trading volume of 1,181 shares, compared to its average volume of 1,339. The stock has a 50-day moving average of $107.07 and a 200-day moving average of $108.81. The firm has a market capitalization of $22.36 million, a P/E ratio of 12.45 and a beta of 1.42. Invesco S&P SmallCap Consumer Discretionary ETF has a twelve month low of $89.99 and a twelve month high of $119.15.

Invesco S&P SmallCap Consumer Discretionary ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued 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.