Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Shares Shorted: Short Interest Down 55.4% in October

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 5,815 shares, a decline of 55.4% from the September 30th total of 13,024 shares. Based on an average daily volume of 25,592 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Invesco International BuyBack Achievers ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of IPKW. Fifth Third Bancorp bought a new stake in Invesco International BuyBack Achievers ETF during the first quarter worth about $35,000. Cyndeo Wealth Partners LLC bought a new position in Invesco International BuyBack Achievers ETF in the third quarter valued at approximately $201,000. McKinley Carter Wealth Services Inc. bought a new position in Invesco International BuyBack Achievers ETF in the third quarter valued at approximately $227,000. Integrated Wealth Concepts LLC bought a new position in Invesco International BuyBack Achievers ETF in the second quarter valued at approximately $221,000. Finally, Basso Capital Management L.P. acquired a new position in shares of Invesco International BuyBack Achievers ETF during the 3rd quarter worth approximately $250,000.

Invesco International BuyBack Achievers ETF Stock Down 0.4%

Invesco International BuyBack Achievers ETF stock traded down $0.27 during mid-day trading on Friday, hitting $59.86. 15,538 shares of the company were exchanged, compared to its average volume of 55,362. The company has a market capitalization of $553.71 million, a PE ratio of 10.59 and a beta of 0.64. The business has a fifty day moving average of $60.17 and a 200 day moving average of $58.70. Invesco International BuyBack Achievers ETF has a 1-year low of $51.35 and a 1-year high of $62.17.

Invesco International BuyBack Achievers ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were paid a $0.2494 dividend. This is a drop from Invesco International BuyBack Achievers ETF’s previous quarterly dividend of $0.4503. The ex-dividend date of this dividend was Monday, September 21st. This represents a $1.00 annualized dividend and a dividend yield of 1.7%.

Invesco International BuyBack Achievers ETF Company Profile

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.