Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Sees Large Increase in Short Interest

Invesco KBW Regional Banking ETF (NASDAQ:KBWR) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totalling 16,600 shares, a growth of 9.9% from the July 15th total of 15,100 shares. Based on an average trading volume of 5,400 shares, the short-interest ratio is currently 3.1 days.

Institutional Trading of Invesco KBW Regional Banking ETF

An institutional investor recently raised its position in Invesco KBW Regional Banking ETF stock. Private Advisor Group LLC lifted its stake in Invesco KBW Regional Banking ETF (NASDAQ:KBWR) by 130.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 43,118 shares of the company’s stock after buying an additional 24,421 shares during the quarter. Private Advisor Group LLC owned approximately 3.59% of Invesco KBW Regional Banking ETF worth $2,357,000 as of its most recent SEC filing.

Invesco KBW Regional Banking ETF Price Performance

KBWR traded up $0.89 on Friday, reaching $55.16. 2,759 shares of the stock were exchanged, compared to its average volume of 6,505. Invesco KBW Regional Banking ETF has a fifty-two week low of $39.90 and a fifty-two week high of $59.92. The firm has a market capitalization of $55.16 million, a PE ratio of 9.98 and a beta of 1.05. The company’s 50-day moving average price is $51.84 and its 200 day moving average price is $50.19.

Invesco KBW Regional Banking ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were paid a dividend of $0.4008 per share. This represents a $1.60 annualized dividend and a yield of 2.91%. This is a boost from Invesco KBW Regional Banking ETF’s previous quarterly dividend of $0.40. The ex-dividend date was Monday, June 24th.

About Invesco KBW Regional Banking ETF

The Invesco KBW Regional Banking ETF (KBWR) is an exchange-traded fund that is based on the KBW Nasdaq Regional Banking index, a modified market-cap-weighted index focused exclusively on regional banking firms in the US. KBWR was launched on Nov 1, 2011 and is managed by Invesco.