Short Interest in Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Expands By 101.9%

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 93,585 shares, an increase of 101.9% from the April 30th total of 46,357 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 124,680 shares, the days-to-cover ratio is presently 0.8 days.

Hedge Funds Weigh In On Invesco KBW Premium Yield Equity REIT ETF

Hedge funds have recently modified their holdings of the business. Summit Financial LLC lifted its holdings in Invesco KBW Premium Yield Equity REIT ETF by 4.1% during the 4th quarter. Summit Financial LLC now owns 331,197 shares of the company’s stock worth $5,111,000 after buying an additional 13,134 shares during the period. Fifth Third Securities Inc. lifted its stake in Invesco KBW Premium Yield Equity REIT ETF by 14.6% in the fourth quarter. Fifth Third Securities Inc. now owns 212,226 shares of the company’s stock valued at $3,275,000 after buying an additional 26,959 shares during the period. Heartwood Wealth Advisors LLC boosted its stake in Invesco KBW Premium Yield Equity REIT ETF by 8.5% during the 4th quarter. Heartwood Wealth Advisors LLC now owns 127,712 shares of the company’s stock valued at $1,971,000 after purchasing an additional 9,979 shares during the last quarter. Lmcg Investments LLC lifted its position in shares of Invesco KBW Premium Yield Equity REIT ETF by 61.3% during the first quarter. Lmcg Investments LLC now owns 120,508 shares of the company’s stock valued at $1,841,000 after purchasing an additional 45,797 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of Invesco KBW Premium Yield Equity REIT ETF by 427.1% during the 4th quarter. Cetera Investment Advisers now owns 101,564 shares of the company’s stock worth $1,567,000 after buying an additional 82,296 shares in the last quarter.

Invesco KBW Premium Yield Equity REIT ETF Price Performance

Shares of NASDAQ KBWY traded down $0.02 during mid-day trading on Monday, hitting $17.45. 74,671 shares of the stock traded hands, compared to its average volume of 133,842. Invesco KBW Premium Yield Equity REIT ETF has a twelve month low of $14.81 and a twelve month high of $17.72. The firm has a 50 day simple moving average of $16.45 and a two-hundred day simple moving average of $16.07. The company has a market cap of $288.27 million, a PE ratio of 22.41 and a beta of 1.01.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 18th were issued a $0.1225 dividend. This represents a c) dividend on an annualized basis and a yield of 8.4%. The ex-dividend date was Monday, May 18th.

About Invesco KBW Premium Yield Equity REIT ETF

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.