Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Short Interest Up 52.6% in February

Invesco KBW Regional Banking ETF (NASDAQ:KBWR) saw a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 17,511 shares, a growth of 52.6% from the January 29th total of 11,476 shares. Currently, 2.3% of the shares of the company are sold short. Based on an average trading volume of 6,984 shares, the days-to-cover ratio is presently 2.5 days. Based on an average trading volume of 6,984 shares, the days-to-cover ratio is presently 2.5 days. Currently, 2.3% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Byrne Financial Freedom LLC increased its stake in shares of Invesco KBW Regional Banking ETF by 3.2% in the 2nd quarter. Byrne Financial Freedom LLC now owns 63,642 shares of the company’s stock valued at $3,678,000 after buying an additional 1,981 shares during the period. Nwam LLC acquired a new position in shares of Invesco KBW Regional Banking ETF in the fourth quarter valued at $416,000. Corient Private Wealth LLC bought a new position in shares of Invesco KBW Regional Banking ETF during the fourth quarter worth approximately $389,000. Jane Street Group LLC acquired a new stake in shares of Invesco KBW Regional Banking ETF during the first quarter worth $302,000. Finally, Osaic Holdings Inc. raised its position in shares of Invesco KBW Regional Banking ETF by 10.5% in the fourth quarter. Osaic Holdings Inc. now owns 4,283 shares of the company’s stock valued at $265,000 after buying an additional 407 shares in the last quarter.

Invesco KBW Regional Banking ETF Price Performance

NASDAQ:KBWR traded down $0.46 during trading hours on Monday, reaching $73.00. The company had a trading volume of 3,387 shares, compared to its average volume of 5,830. The firm has a market cap of $56.21 million, a PE ratio of 13.81 and a beta of 0.87. Invesco KBW Regional Banking ETF has a 1-year low of $46.85 and a 1-year high of $71.50. The business’s 50 day moving average price is $66.48 and its 200-day moving average price is $62.75.

Invesco KBW Regional Banking ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were issued a dividend of $0.448 per share. This is a boost from Invesco KBW Regional Banking ETF’s previous quarterly dividend of $0.40. This represents a $1.79 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Monday, December 22nd.

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.