Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Sees Large Increase in Short Interest

Invesco KBW Regional Banking ETF (NASDAQ:KBWR) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 15,656 shares, an increase of 35.5% from the November 30th total of 11,556 shares. Based on an average daily trading volume, of 4,725 shares, the short-interest ratio is currently 3.3 days. Currently, 1.8% of the shares of the stock are short sold. Currently, 1.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,725 shares, the short-interest ratio is currently 3.3 days.

Invesco KBW Regional Banking ETF Stock Performance

Shares of NASDAQ KBWR traded down $0.43 during mid-day trading on Tuesday, reaching $62.51. The company had a trading volume of 1,227 shares, compared to its average volume of 3,181. The firm has a market cap of $53.13 million, a price-to-earnings ratio of 13.81 and a beta of 0.87. Invesco KBW Regional Banking ETF has a one year low of $46.85 and a one year high of $65.00. The business’s 50-day simple moving average is $60.60 and its 200 day simple moving average is $60.25.

Invesco KBW Regional Banking ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a dividend of $0.448 per share. The ex-dividend date was Monday, December 22nd. This represents a $1.79 annualized dividend and a dividend yield of 2.9%. This is a positive change from Invesco KBW Regional Banking ETF’s previous quarterly dividend of $0.40.

Institutional Investors Weigh In On Invesco KBW Regional Banking ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new stake in shares of Invesco KBW Regional Banking ETF in the 2nd quarter valued at $43,000. Osaic Holdings Inc. raised its holdings in shares of Invesco KBW Regional Banking ETF by 46.5% during the 2nd quarter. Osaic Holdings Inc. now owns 3,622 shares of the company’s stock worth $209,000 after buying an additional 1,149 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Invesco KBW Regional Banking ETF during the 1st quarter worth $302,000. Meritage Portfolio Management boosted its stake in Invesco KBW Regional Banking ETF by 4.3% in the second quarter. Meritage Portfolio Management now owns 10,180 shares of the company’s stock valued at $588,000 after buying an additional 420 shares in the last quarter. Finally, Byrne Financial Freedom LLC grew its position in Invesco KBW Regional Banking ETF by 3.2% in the second quarter. Byrne Financial Freedom LLC now owns 63,642 shares of the company’s stock valued at $3,678,000 after acquiring an additional 1,981 shares during the last quarter.

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.