Invesco DWA Consumer Staples Momentum ETF (NASDAQ:PSL) Short Interest Down 18.6% in April

Invesco DWA Consumer Staples Momentum ETF (NASDAQ:PSL) was the recipient of a large drop in short interest during the month of April. As of April 15th, there was short interest totalling 4,800 shares, a drop of 18.6% from the March 31st total of 5,900 shares. Based on an average trading volume of 5,900 shares, the short-interest ratio is presently 0.8 days.

Shares of NASDAQ:PSL traded down $1.18 during trading on Tuesday, reaching $93.59. The company’s stock had a trading volume of 5,611 shares, compared to its average volume of 5,443. Invesco DWA Consumer Staples Momentum ETF has a 12 month low of $61.05 and a 12 month high of $95.69. The firm’s 50 day simple moving average is $93.47 and its two-hundred day simple moving average is $89.13.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 31st. Investors of record on Tuesday, March 23rd were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date of this dividend was Monday, March 22nd.

Several large investors have recently made changes to their positions in the stock. MTM Investment Management LLC bought a new stake in Invesco DWA Consumer Staples Momentum ETF in the fourth quarter worth about $125,000. Kestra Advisory Services LLC bought a new stake in Invesco DWA Consumer Staples Momentum ETF in the fourth quarter worth about $207,000. Sunbelt Securities Inc. bought a new stake in Invesco DWA Consumer Staples Momentum ETF in the fourth quarter worth about $211,000. LexAurum Advisors LLC bought a new stake in Invesco DWA Consumer Staples Momentum ETF in the fourth quarter worth about $222,000. Finally, Stratos Wealth Partners LTD. bought a new stake in Invesco DWA Consumer Staples Momentum ETF in the first quarter worth about $225,000.

Invesco DWA 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.

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