Short Interest in Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Declines By 46.3%

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 94,866 shares, a decline of 46.3% from the June 30th total of 176,762 shares. Based on an average daily trading volume, of 151,726 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.6% of the shares of the company are short sold.

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

A number of hedge funds have recently added to or reduced their stakes in the stock. Cetera Investment Advisers boosted its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 427.1% in the 4th quarter. Cetera Investment Advisers now owns 101,564 shares of the company’s stock worth $1,567,000 after buying an additional 82,296 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in 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 acquiring an additional 47,545 shares during the period. Tower Research Capital LLC TRC lifted its holdings in 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 acquiring an additional 46,686 shares during the period. Lmcg Investments LLC boosted its position in 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 worth $1,841,000 after purchasing an additional 45,797 shares during the last quarter. Finally, Marshall Wace LLP purchased a new position in Invesco KBW Premium Yield Equity REIT ETF in the fourth quarter worth about $556,000.

Invesco KBW Premium Yield Equity REIT ETF Stock Down 1.0%

Shares of NASDAQ KBWY traded down $0.19 during trading on Friday, reaching $18.39. 299,808 shares of the company traded hands, compared to its average volume of 139,661. The firm has a 50 day simple moving average of $18.29 and a 200-day simple moving average of $16.97. The stock has a market capitalization of $313.55 million, a PE ratio of 22.41 and a beta of 1.00. Invesco KBW Premium Yield Equity REIT ETF has a 52-week low of $14.81 and a 52-week high of $19.35.

Invesco KBW Premium Yield Equity REIT ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were issued a $0.12 dividend. The ex-dividend date was Monday, July 20th.

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.