Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Short Interest Up 6.4% in March

Invesco KBW Regional Banking ETF (NASDAQ:KBWR) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 15,000 shares, a growth of 6.4% from the March 15th total of 14,100 shares. Based on an average daily volume of 8,500 shares, the days-to-cover ratio is currently 1.8 days.

Invesco KBW Regional Banking ETF Price Performance

Invesco KBW Regional Banking ETF stock opened at $46.68 on Thursday. Invesco KBW Regional Banking ETF has a 1-year low of $37.49 and a 1-year high of $56.49. The firm has a market capitalization of $50.41 million, a P/E ratio of 9.88 and a beta of 1.05. The company’s 50-day moving average is $49.21 and its 200 day moving average is $48.88.

Invesco KBW Regional Banking ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were given a $0.3993 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date was Monday, March 18th.

Institutional Trading of Invesco KBW Regional Banking ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Captrust Financial Advisors bought a new position in Invesco KBW Regional Banking ETF in the 1st quarter worth about $26,000. Private Trust Co. NA bought a new position in Invesco KBW Regional Banking ETF in the 4th quarter worth about $46,000. Royal Bank of Canada grew its stake in Invesco KBW Regional Banking ETF by 94.5% in the 2nd quarter. Royal Bank of Canada now owns 2,954 shares of the company’s stock worth $128,000 after acquiring an additional 1,435 shares in the last quarter. Cambridge Investment Research Advisors Inc. bought a new position in Invesco KBW Regional Banking ETF in the 4th quarter worth about $201,000. Finally, Financial Advocates Investment Management bought a new position in Invesco KBW Regional Banking ETF in the 4th quarter worth about $217,000.

About Invesco KBW Regional Banking ETF

The Invesco KBW Regional Banking ETF (KBWR) is an exchange-traded fund that is based on the KBW Nasdaq Regional Banking index, a modified market-cap-weighted index focused exclusively on regional banking firms in the US. KBWR was launched on Nov 1, 2011 and is managed by Invesco.