Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Short Interest Up 241.3% in March

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 169,300 shares, an increase of 241.3% from the March 15th total of 49,600 shares. Based on an average trading volume of 149,200 shares, the days-to-cover ratio is presently 1.1 days. Currently, 1.3% of the company’s shares are sold short.

Invesco KBW Premium Yield Equity REIT ETF Trading Up 0.1 %

Invesco KBW Premium Yield Equity REIT ETF stock traded up $0.01 during midday trading on Wednesday, hitting $15.27. 157,205 shares of the stock were exchanged, compared to its average volume of 110,600. The stock has a market capitalization of $199.58 million, a price-to-earnings ratio of 8.26 and a beta of 1.25. The stock’s 50-day simple moving average is $16.68 and its 200 day simple moving average is $18.30. Invesco KBW Premium Yield Equity REIT ETF has a fifty-two week low of $13.86 and a fifty-two week high of $21.86.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a $0.1262 dividend. The ex-dividend date was Monday, March 24th.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. LPL Financial LLC grew its holdings in shares of Invesco KBW Premium Yield Equity REIT ETF by 5.5% during the 4th quarter. LPL Financial LLC now owns 545,694 shares of the company’s stock worth $9,773,000 after purchasing an additional 28,505 shares during the period. Jane Street Group LLC acquired a new position in Invesco KBW Premium Yield Equity REIT ETF in the third quarter valued at about $220,000. Raymond James Financial Inc. purchased a new position in Invesco KBW Premium Yield Equity REIT ETF during the fourth quarter worth about $2,729,000. Jones Financial Companies Lllp increased its position in shares of Invesco KBW Premium Yield Equity REIT ETF by 85.2% during the fourth quarter. Jones Financial Companies Lllp now owns 3,461 shares of the company’s stock valued at $62,000 after acquiring an additional 1,592 shares during the last quarter. Finally, RPS Advisory Solutions LLC acquired a new position in shares of Invesco KBW Premium Yield Equity REIT ETF in the 4th quarter worth approximately $1,651,000.

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.