Short Interest in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Rises By 4,164.8%

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) saw a large growth in short interest in the month of July. As of July 31st, there was short interest totaling 466,615 shares, a growth of 4,164.8% from the July 15th total of 10,941 shares. Currently, 5.1% of the company’s shares are sold short. Based on an average daily volume of 41,030 shares, the days-to-cover ratio is currently 11.4 days.

Institutional Investors Weigh In On Invesco International BuyBack Achievers ETF

Several large investors have recently modified their holdings of IPKW. Fortis Group Advisors LLC raised its holdings in shares of Invesco International BuyBack Achievers ETF by 0.9% in the 4th quarter. Fortis Group Advisors LLC now owns 19,606 shares of the company’s stock valued at $1,145,000 after purchasing an additional 171 shares in the last quarter. Trademark Financial Management LLC boosted its stake in shares of Invesco International BuyBack Achievers ETF by 2.6% during the fourth quarter. Trademark Financial Management LLC now owns 6,755 shares of the company’s stock valued at $375,000 after purchasing an additional 174 shares in the last quarter. Insight Wealth Strategies LLC increased its holdings in Invesco International BuyBack Achievers ETF by 3.4% during the second quarter. Insight Wealth Strategies LLC now owns 6,452 shares of the company’s stock valued at $364,000 after buying an additional 215 shares during the period. Total Clarity Wealth Management Inc. increased its holdings in Invesco International BuyBack Achievers ETF by 4.4% during the first quarter. Total Clarity Wealth Management Inc. now owns 8,008 shares of the company’s stock valued at $451,000 after buying an additional 339 shares during the period. Finally, Mutual Advisors LLC increased its holdings in Invesco International BuyBack Achievers ETF by 8.1% during the fourth quarter. Mutual Advisors LLC now owns 4,869 shares of the company’s stock valued at $271,000 after buying an additional 366 shares during the period.

Invesco International BuyBack Achievers ETF Price Performance

Shares of IPKW stock traded down $0.08 during mid-day trading on Tuesday, hitting $61.62. The stock had a trading volume of 81,636 shares, compared to its average volume of 60,644. Invesco International BuyBack Achievers ETF has a 12-month low of $50.96 and a 12-month high of $61.96. The firm’s 50-day moving average is $58.37 and its two-hundred day moving average is $58.08. The firm has a market capitalization of $560.74 million, a P/E ratio of 10.59 and a beta of 0.63.

Invesco International BuyBack Achievers ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were issued a dividend of $0.4504 per share. This represents a $1.80 annualized dividend and a yield of 2.9%. The ex-dividend date was Monday, June 22nd.

Invesco International BuyBack Achievers ETF Company Profile

The Invesco International BuyBack Achievers ETF (IPKW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a modified market-cap-weighted index of global ex-US companies that have reduced their outstanding shares by at least 5% in the past year. IPKW was launched on Mar 6, 2014 and is managed by Invesco.