Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Sees Significant Growth in Short Interest

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) saw a large increase in short interest in January. As of January 15th, there was short interest totaling 133,891 shares, an increase of 31.4% from the December 31st total of 101,919 shares. Based on an average daily volume of 178,804 shares, the short-interest ratio is presently 0.7 days. Currently, 0.8% of the company’s stock are short sold. Currently, 0.8% of the company’s stock are short sold. Based on an average daily volume of 178,804 shares, the short-interest ratio is presently 0.7 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. AE Wealth Management LLC lifted its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 335.2% in the second quarter. AE Wealth Management LLC now owns 6,123 shares of the company’s stock worth $96,000 after buying an additional 4,716 shares in the last quarter. Ameritas Advisory Services LLC bought a new stake in Invesco KBW Premium Yield Equity REIT ETF in the 2nd quarter worth about $137,000. Lmcg Investments LLC raised its position in Invesco KBW Premium Yield Equity REIT ETF by 32.2% in the 2nd quarter. Lmcg Investments LLC now owns 77,735 shares of the company’s stock worth $1,223,000 after buying an additional 18,924 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Invesco KBW Premium Yield Equity REIT ETF by 20,692.0% during the 2nd quarter. PNC Financial Services Group Inc. now owns 5,198 shares of the company’s stock valued at $82,000 after acquiring an additional 5,173 shares during the last quarter. Finally, Intellectus Partners LLC purchased a new stake in Invesco KBW Premium Yield Equity REIT ETF during the 2nd quarter valued at $200,000.

Invesco KBW Premium Yield Equity REIT ETF Stock Up 0.4%

Shares of Invesco KBW Premium Yield Equity REIT ETF stock traded up $0.06 on Tuesday, hitting $15.96. The stock had a trading volume of 116,568 shares, compared to its average volume of 158,980. The stock has a market cap of $260.95 million, a price-to-earnings ratio of 22.41 and a beta of 1.13. Invesco KBW Premium Yield Equity REIT ETF has a twelve month low of $13.86 and a twelve month high of $17.83. The business’s 50 day moving average is $15.75 and its two-hundred day moving average is $15.72.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were given a $0.1253 dividend. This represents a c) annualized dividend and a yield of 9.4%. The ex-dividend date was Tuesday, January 20th.

About Invesco KBW Premium Yield Equity REIT ETF

The Invesco KBW Premium Yield Equity REIT ETF (KBWY) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a dividend-yield-weighted index of small- and mid-cap equity REITs. KBWY was launched on Dec 2, 2010 and is managed by Invesco.