Short Interest in Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Declines By 48.7%

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) saw a significant decrease in short interest in May. As of May 29th, there was short interest totaling 48,031 shares, a decrease of 48.7% from the May 14th total of 93,585 shares. Based on an average trading volume of 92,385 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the company’s shares are short sold.

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

Several large investors have recently made changes to their positions in KBWY. Cetera Investment Advisers increased its position in shares of Invesco KBW Premium Yield Equity REIT ETF by 427.1% in the fourth quarter. Cetera Investment Advisers now owns 101,564 shares of the company’s stock worth $1,567,000 after acquiring an additional 82,296 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 1,373.7% in the first quarter. Jones Financial Companies Lllp now owns 51,006 shares of the company’s stock valued at $851,000 after purchasing an additional 47,545 shares during the period. Tower Research Capital LLC TRC boosted its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 775.1% in the third quarter. Tower Research Capital LLC TRC now owns 52,709 shares of the company’s stock valued at $841,000 after purchasing an additional 46,686 shares during the period. Lmcg Investments LLC boosted its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 61.3% in the first quarter. Lmcg Investments LLC now owns 120,508 shares of the company’s stock valued at $1,841,000 after purchasing an additional 45,797 shares during the period. Finally, Marshall Wace LLP purchased a new position in shares of Invesco KBW Premium Yield Equity REIT ETF in the fourth quarter valued at $556,000.

Invesco KBW Premium Yield Equity REIT ETF Stock Up 0.1%

Shares of Invesco KBW Premium Yield Equity REIT ETF stock traded up $0.02 during trading hours on Friday, hitting $18.37. The company’s stock had a trading volume of 116,909 shares, compared to its average volume of 133,889. Invesco KBW Premium Yield Equity REIT ETF has a 1-year low of $14.81 and a 1-year high of $18.52. The business has a fifty day moving average of $16.96 and a 200 day moving average of $16.24. The company has a market capitalization of $303.47 million, a PE ratio of 22.41 and a beta of 1.01.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were given a $0.1225 dividend. The ex-dividend date of this dividend was Monday, May 18th. This represents a c) annualized dividend and a dividend yield of 8.0%.

About Invesco KBW Premium Yield Equity REIT ETF

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.