Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Sees Large Decline in Short Interest

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) was the recipient of a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 9,000 shares, a decline of 65.9% from the March 15th total of 26,400 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 63,200 shares, the short-interest ratio is presently 0.1 days.

Invesco International BuyBack Achievers ETF Price Performance

Shares of IPKW traded up $0.29 during midday trading on Tuesday, reaching $42.79. 45,216 shares of the stock were exchanged, compared to its average volume of 34,241. Invesco International BuyBack Achievers ETF has a twelve month low of $37.96 and a twelve month high of $47.90. The company has a market capitalization of $181.86 million, a price-to-earnings ratio of 10.03 and a beta of 0.93. The business’s 50-day moving average price is $44.57 and its 200 day moving average price is $42.38.

Invesco International BuyBack Achievers ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were paid a $0.4852 dividend. The ex-dividend date of this dividend was Monday, March 24th.

Institutional Investors Weigh In On Invesco International BuyBack Achievers ETF

Hedge funds have recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new position in shares of Invesco International BuyBack Achievers ETF in the fourth quarter valued at approximately $6,436,000. GTS Securities LLC purchased a new stake in shares of Invesco International BuyBack Achievers ETF in the fourth quarter valued at about $1,621,000. Breakwater Capital Group increased its stake in shares of Invesco International BuyBack Achievers ETF by 661.0% during the first quarter. Breakwater Capital Group now owns 45,477 shares of the company’s stock worth $2,076,000 after acquiring an additional 39,501 shares during the period. Bank of America Corp DE lifted its position in Invesco International BuyBack Achievers ETF by 66.4% in the fourth quarter. Bank of America Corp DE now owns 91,335 shares of the company’s stock valued at $3,627,000 after purchasing an additional 36,436 shares during the period. Finally, Private Advisor Group LLC acquired a new stake in Invesco International BuyBack Achievers ETF in the fourth quarter valued at about $1,239,000.

Invesco International BuyBack Achievers ETF Company Profile

The Invesco International BuyBack Achievers ETF (IPKW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a modified market-cap-weighted index of global ex-US companies that have reduced their outstanding shares by at least 5% in the past year. IPKW was launched on Mar 6, 2014 and is managed by Invesco.