Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Short Interest Down 67.9% in June

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 6,847 shares, a decrease of 67.9% from the May 31st total of 21,312 shares. Based on an average trading volume of 48,265 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

Invesco International BuyBack Achievers ETF Trading Down 0.1%

Shares of NASDAQ IPKW traded down $0.04 during midday trading on Friday, reaching $56.02. The company’s stock had a trading volume of 48,676 shares, compared to its average volume of 63,439. The stock has a 50 day simple moving average of $58.06 and a 200-day simple moving average of $57.38. The stock has a market capitalization of $506.98 million, a price-to-earnings ratio of 10.59 and a beta of 0.63. Invesco International BuyBack Achievers ETF has a fifty-two week low of $48.15 and a fifty-two week high of $60.41.

Invesco International BuyBack Achievers ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Monday, June 22nd were paid a $0.4504 dividend. This represents a $1.80 annualized dividend and a yield of 3.2%. The ex-dividend date was Monday, June 22nd.

Hedge Funds Weigh In On Invesco International BuyBack Achievers ETF

Large investors have recently modified their holdings of the business. Sarver Vrooman Wealth Advisors bought a new position in shares of Invesco International BuyBack Achievers ETF in the 4th quarter valued at about $26,000. Trust Co. of Vermont acquired a new position in Invesco International BuyBack Achievers ETF during the fourth quarter valued at approximately $28,000. Allworth Financial LP acquired a new position in Invesco International BuyBack Achievers ETF during the third quarter valued at approximately $28,000. Fifth Third Bancorp bought a new position in Invesco International BuyBack Achievers ETF in the first quarter valued at approximately $35,000. Finally, Kestra Advisory Services LLC bought a new position in Invesco International BuyBack Achievers ETF in the fourth quarter valued at approximately $71,000.

About Invesco International BuyBack Achievers ETF

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.