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

Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 1,900 shares, an increase of 26.7% from the January 15th total of 1,500 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is presently 1.9 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in PSCD. Raymond James Financial Inc. purchased a new position in shares of Invesco S&P SmallCap Consumer Discretionary ETF in the fourth quarter valued at $569,000. Virtu Financial LLC purchased a new position in shares of Invesco S&P SmallCap Consumer Discretionary ETF in the fourth quarter valued at $306,000. Meridian Investment Counsel Inc. purchased a new position in shares of Invesco S&P SmallCap Consumer Discretionary ETF in the third quarter valued at $209,000. Tower Research Capital LLC TRC increased its position in shares of Invesco S&P SmallCap Consumer Discretionary ETF by 19.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 10,829 shares of the company’s stock valued at $1,180,000 after buying an additional 1,730 shares in the last quarter. Finally, Narus Financial Partners LLC increased its position in shares of Invesco S&P SmallCap Consumer Discretionary ETF by 57.9% in the fourth quarter. Narus Financial Partners LLC now owns 4,016 shares of the company’s stock valued at $437,000 after buying an additional 1,472 shares in the last quarter.

Invesco S&P SmallCap Consumer Discretionary ETF Stock Performance

Invesco S&P SmallCap Consumer Discretionary ETF stock traded up $0.11 during midday trading on Friday, reaching $109.81. The company’s stock had a trading volume of 119 shares, compared to its average volume of 1,191. Invesco S&P SmallCap Consumer Discretionary ETF has a fifty-two week low of $96.78 and a fifty-two week high of $119.15. The firm has a market capitalization of $26.35 million, a PE ratio of 11.83 and a beta of 1.42. The stock’s 50 day simple moving average is $111.08 and its 200 day simple moving average is $109.23.

Invesco S&P SmallCap Consumer Discretionary ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $0.2715 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco S&P SmallCap Consumer Discretionary ETF Company Profile

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.