Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Sees Significant Increase in Short Interest

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) was the target of a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 561,633 shares, an increase of 107.1% from the August 15th total of 271,155 shares. Currently, 3.3% of the company’s stock are short sold. Based on an average trading volume of 234,641 shares, the short-interest ratio is currently 2.4 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Royal Bank of Canada lifted its holdings in shares of Invesco KBW Premium Yield Equity REIT ETF by 45.8% during the first quarter. Royal Bank of Canada now owns 5,195 shares of the company’s stock valued at $79,000 after acquiring an additional 1,632 shares during the period. Fifth Third Bancorp bought a new stake in shares of Invesco KBW Premium Yield Equity REIT ETF in the 1st quarter worth about $78,000. Integrated Wealth Concepts LLC bought a new stake in shares of Invesco KBW Premium Yield Equity REIT ETF in the 2nd quarter worth about $132,000. Lmcg Investments LLC increased its position in shares of Invesco KBW Premium Yield Equity REIT ETF by 61.3% during the 1st quarter. Lmcg Investments LLC now owns 120,508 shares of the company’s stock worth $1,841,000 after purchasing an additional 45,797 shares in the last quarter. Finally, First PREMIER Bank acquired a new stake in shares of Invesco KBW Premium Yield Equity REIT ETF during the 2nd quarter worth about $3,158,000.

Invesco KBW Premium Yield Equity REIT ETF Price Performance

NASDAQ:KBWY traded down $0.04 during midday trading on Tuesday, reaching $17.47. The stock had a trading volume of 111,038 shares, compared to its average volume of 150,159. The stock has a market capitalization of $314.98 million, a P/E ratio of 22.41 and a beta of 0.99. Invesco KBW Premium Yield Equity REIT ETF has a 1-year low of $14.81 and a 1-year high of $19.35. The firm’s fifty day simple moving average is $18.24 and its 200-day simple moving average is $17.38.

Invesco KBW Premium Yield Equity REIT ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 24th were given a $0.1199 dividend. The ex-dividend date was Monday, August 24th. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%.

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.