Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Short Interest Down 28.9% in January

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) saw a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 95,231 shares, a drop of 28.9% from the January 15th total of 133,891 shares. Based on an average daily volume of 139,070 shares, the short-interest ratio is presently 0.7 days. Approximately 0.6% of the shares of the company are short sold. Approximately 0.6% of the shares of the company are short sold. Based on an average daily volume of 139,070 shares, the short-interest ratio is presently 0.7 days.

Invesco KBW Premium Yield Equity REIT ETF Stock Performance

Shares of Invesco KBW Premium Yield Equity REIT ETF stock traded up $0.22 on Friday, reaching $16.31. The stock had a trading volume of 250,701 shares, compared to its average volume of 152,498. Invesco KBW Premium Yield Equity REIT ETF has a fifty-two week low of $13.86 and a fifty-two week high of $17.83. The business’s 50-day moving average price is $15.88 and its two-hundred day moving average price is $15.75. The stock has a market cap of $266.67 million, a P/E ratio of 22.41 and a beta of 1.13.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, January 23rd. Investors of record on Tuesday, January 20th were given a $0.1253 dividend. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) dividend on an annualized basis and a dividend yield of 9.2%.

Hedge Funds Weigh In On Invesco KBW Premium Yield Equity REIT ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Marshall Wace LLP acquired a new position in Invesco KBW Premium Yield Equity REIT ETF during the fourth quarter worth $556,000. Summit Financial LLC increased its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 4.1% during the 4th quarter. Summit Financial LLC now owns 331,197 shares of the company’s stock worth $5,111,000 after purchasing an additional 13,134 shares during the last quarter. 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. PFG Advisors bought a new stake in shares of Invesco KBW Premium Yield Equity REIT ETF in the 4th quarter valued at about $237,000. Finally, Fifth Third Securities Inc. lifted its stake in Invesco KBW Premium Yield Equity REIT ETF by 14.6% in the 4th quarter. Fifth Third Securities Inc. now owns 212,226 shares of the company’s stock valued at $3,275,000 after purchasing an additional 26,959 shares during the last quarter.

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.