Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Short Interest Up 107.1% in August

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 561,633 shares, an increase of 107.1% from the August 15th total of 271,155 shares. Based on an average daily volume of 234,641 shares, the short-interest ratio is presently 2.4 days. Approximately 3.3% of the shares of the stock are short sold.

Invesco KBW Premium Yield Equity REIT ETF Stock Up 0.1%

Shares of Invesco KBW Premium Yield Equity REIT ETF stock traded up $0.01 during trading on Monday, hitting $17.50. 104,048 shares of the stock traded hands, compared to its average volume of 150,301. The stock has a market cap of $298.46 million, a price-to-earnings ratio of 22.41 and a beta of 0.99. Invesco KBW Premium Yield Equity REIT ETF has a 52 week low of $14.81 and a 52 week high of $19.35. The firm’s fifty day moving average is $18.29 and its 200-day moving average is $17.36.

Invesco KBW Premium Yield Equity REIT ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were given a dividend of $0.1199 per share. This represents a c) dividend on an annualized basis and a yield of 8.2%. The ex-dividend date was Monday, August 24th.

Institutional Investors Weigh In On Invesco KBW Premium Yield Equity REIT ETF

A number of hedge funds have recently made changes to their positions in KBWY. Advisory Services Network LLC bought a new position in shares of Invesco KBW Premium Yield Equity REIT ETF during the 3rd quarter valued at $61,000. Fifth Third Bancorp bought a new stake in Invesco KBW Premium Yield Equity REIT ETF in the first quarter worth $78,000. Royal Bank of Canada boosted its position in Invesco KBW Premium Yield Equity REIT ETF by 45.8% during the first quarter. Royal Bank of Canada now owns 5,195 shares of the company’s stock valued at $79,000 after buying an additional 1,632 shares during the period. Comerica Bank boosted its position in Invesco KBW Premium Yield Equity REIT ETF by 22.8% during the first quarter. Comerica Bank now owns 5,241 shares of the company’s stock valued at $87,000 after buying an additional 974 shares during the period. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in shares of Invesco KBW Premium Yield Equity REIT ETF in the 4th quarter valued at about $91,000.

Invesco KBW Premium Yield Equity REIT ETF Company Profile

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.