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

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) was the target of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 93,585 shares, an increase of 101.9% from the April 30th total of 46,357 shares. Based on an average daily volume of 124,680 shares, the short-interest ratio is currently 0.8 days. Approximately 0.6% of the shares of the company are sold short.

Institutional Trading of Invesco KBW Premium Yield Equity REIT ETF

Hedge funds have recently added to or reduced their stakes in the stock. MML Investors Services LLC raised its holdings in shares of Invesco KBW Premium Yield Equity REIT ETF by 6.8% in the 4th quarter. MML Investors Services LLC now owns 16,113 shares of the company’s stock worth $249,000 after purchasing an additional 1,022 shares during the period. Northwestern Mutual Wealth Management Co. bought a new position in Invesco KBW Premium Yield Equity REIT ETF during the fourth quarter valued at $91,000. Advisory Services Network LLC bought a new position in Invesco KBW Premium Yield Equity REIT ETF during the third quarter valued at $61,000. Susquehanna International Group LLP purchased a new stake in Invesco KBW Premium Yield Equity REIT ETF in the third quarter worth $198,000. Finally, Osaic Holdings Inc. increased its position in Invesco KBW Premium Yield Equity REIT ETF by 8.3% in the second quarter. Osaic Holdings Inc. now owns 25,384 shares of the company’s stock worth $399,000 after buying an additional 1,956 shares during the last quarter.

Invesco KBW Premium Yield Equity REIT ETF Stock Performance

NASDAQ:KBWY traded down $0.02 during trading on Monday, reaching $17.45. The company’s stock had a trading volume of 74,671 shares, compared to its average volume of 133,842. Invesco KBW Premium Yield Equity REIT ETF has a 12 month low of $14.81 and a 12 month high of $17.72. The firm has a market cap of $288.27 million, a price-to-earnings ratio of 22.41 and a beta of 1.01. The firm has a 50 day moving average of $16.45 and a 200-day moving average of $16.07.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were given a dividend of $0.1225 per share. The ex-dividend date was Monday, May 18th. This represents a c) annualized dividend and a yield of 8.4%.

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.