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

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) saw a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 95,231 shares, a decrease of 28.9% from the January 15th total of 133,891 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average trading volume of 139,070 shares, the days-to-cover ratio is presently 0.7 days. Based on an average trading volume of 139,070 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.6% of the shares of the company are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. AE Wealth Management LLC boosted its holdings in shares of Invesco KBW Premium Yield Equity REIT ETF by 335.2% in the second quarter. AE Wealth Management LLC now owns 6,123 shares of the company’s stock worth $96,000 after acquiring an additional 4,716 shares during the period. PNC Financial Services Group Inc. lifted its holdings in Invesco KBW Premium Yield Equity REIT ETF by 20,692.0% during the 2nd quarter. PNC Financial Services Group Inc. now owns 5,198 shares of the company’s stock worth $82,000 after purchasing an additional 5,173 shares in the last quarter. Intellectus Partners LLC bought a new position in Invesco KBW Premium Yield Equity REIT ETF in the 2nd quarter worth about $200,000. Allworth Financial LP bought a new position in Invesco KBW Premium Yield Equity REIT ETF in the 2nd quarter worth about $39,000. Finally, Comerica Bank grew its holdings in Invesco KBW Premium Yield Equity REIT ETF by 22.8% during the 1st quarter. Comerica Bank now owns 5,241 shares of the company’s stock valued at $87,000 after buying an additional 974 shares in the last quarter.

Invesco KBW Premium Yield Equity REIT ETF Stock Up 1.4%

Invesco KBW Premium Yield Equity REIT ETF stock traded up $0.22 during midday trading on Friday, reaching $16.31. The stock had a trading volume of 250,701 shares, compared to its average volume of 152,498. The firm has a market capitalization of $266.67 million, a PE ratio of 22.41 and a beta of 1.13. Invesco KBW Premium Yield Equity REIT ETF has a 12 month low of $13.86 and a 12 month high of $17.83. The firm’s 50-day moving average price is $15.88 and its 200 day moving average price is $15.75.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Tuesday, January 20th were given a $0.1253 dividend. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) annualized dividend and a dividend yield of 9.2%.

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.