Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Short Interest Down 75.0% in January

Posted by Grant Hamersma on Jan 30th, 2025

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW – Get Free Report) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 9,000 shares, a drop of 75.0% from the December 31st total of 36,000 shares. Based on an average trading volume of 21,500 shares, the days-to-cover ratio is presently 0.4 days.

Invesco International BuyBack Achievers ETF Trading Up 0.7 %

IPKW traded up $0.30 during trading on Wednesday, hitting $41.83. 6,313 shares of the company’s stock were exchanged, compared to its average volume of 11,562. Invesco International BuyBack Achievers ETF has a 1 year low of $36.03 and a 1 year high of $43.17. The firm has a market cap of $85.75 million, a P/E ratio of 10.12 and a beta of 0.93. The stock has a 50 day moving average price of $40.53 and a 200 day moving average price of $41.21.

Invesco International BuyBack Achievers ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a $0.5183 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Hedge Funds Weigh In On Invesco International BuyBack Achievers ETF

Hedge funds have recently bought and sold shares of the company. Synergy Asset Management LLC acquired a new position in shares of Invesco International BuyBack Achievers ETF during the fourth quarter valued at $40,000. Stifel Financial Corp acquired a new stake in Invesco International BuyBack Achievers ETF during the third quarter valued at approximately $212,000. Breakwater Capital Group acquired a new stake in shares of Invesco International BuyBack Achievers ETF during the 4th quarter valued at $237,000. Stratos Wealth Advisors LLC increased its stake in Invesco International BuyBack Achievers ETF by 16.5% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 36,508 shares of the company’s stock worth $1,564,000 after purchasing an additional 5,171 shares in the last quarter. Finally, Cetera Investment Advisers purchased a new position in Invesco International BuyBack Achievers ETF in the 2nd quarter worth about $2,350,000.

Invesco International BuyBack Achievers ETF Company Profile

(Get Free Report)

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.