Invesco BuyBack Achievers ETF (NASDAQ:PKW) Short Interest Update

Invesco BuyBack Achievers ETF (NASDAQ:PKW) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 16,741 shares, an increase of 144.9% from the June 30th total of 6,837 shares. Based on an average daily volume of 17,543 shares, the short-interest ratio is presently 1.0 days. Currently, 0.1% of the company’s stock are sold short.

Invesco BuyBack Achievers ETF Stock Down 0.8%

PKW traded down $1.18 during trading on Wednesday, hitting $146.98. 131,838 shares of the company’s stock were exchanged, compared to its average volume of 29,788. The business’s 50 day moving average is $140.56 and its two-hundred day moving average is $137.56. Invesco BuyBack Achievers ETF has a fifty-two week low of $122.96 and a fifty-two week high of $148.46. The stock has a market cap of $1.72 billion, a P/E ratio of 15.13 and a beta of 0.92.

Invesco BuyBack Achievers ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a dividend of $0.2575 per share. This represents a $1.03 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Monday, June 22nd.

Institutional Trading of Invesco BuyBack Achievers ETF

Several institutional investors have recently made changes to their positions in PKW. Garton & Associates Financial Advisors LLC bought a new stake in Invesco BuyBack Achievers ETF in the 4th quarter worth approximately $28,000. Axiom Investment Management LLC bought a new stake in shares of Invesco BuyBack Achievers ETF in the first quarter worth about $52,000. Main Street Group LTD purchased a new position in shares of Invesco BuyBack Achievers ETF during the first quarter valued at approximately $79,000. Cardiff Park Advisors LLC purchased a new position in Invesco BuyBack Achievers ETF during the 1st quarter valued at $79,000. Finally, International Assets Investment Management LLC bought a new position in Invesco BuyBack Achievers ETF in the fourth quarter worth about $87,000.

Invesco BuyBack Achievers ETF Company Profile

PowerShares Buyback Achievers Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Share BuyBack Achievers Index (the Index). The Index is designed to track the performance of companies that meet the requirements to be classified as BuyBack Achievers. To become eligible for inclusion in the Index, a company must be incorporated in the United States, trade on a United States exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months.