Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Short Interest Update

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 136,873 shares, an increase of 185.0% from the May 31st total of 48,031 shares. Based on an average trading volume of 135,782 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.8% of the company’s stock are short sold.

Institutional Investors Weigh In On Invesco KBW Premium Yield Equity REIT ETF

Hedge funds have recently modified their holdings of the stock. Advisory Services Network LLC bought a new stake in Invesco KBW Premium Yield Equity REIT ETF during the 3rd quarter valued at $61,000. Fifth Third Bancorp bought a new stake in Invesco KBW Premium Yield Equity REIT ETF during the first quarter valued at $78,000. Royal Bank of Canada increased its position in shares of Invesco KBW Premium Yield Equity REIT ETF by 45.8% in the first quarter. Royal Bank of Canada now owns 5,195 shares of the company’s stock worth $79,000 after purchasing an additional 1,632 shares during the last quarter. Comerica Bank raised its stake in Invesco KBW Premium Yield Equity REIT ETF by 22.8% in the first quarter. Comerica Bank now owns 5,241 shares of the company’s stock valued at $87,000 after purchasing an additional 974 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in Invesco KBW Premium Yield Equity REIT ETF during the fourth quarter valued at approximately $91,000.

Invesco KBW Premium Yield Equity REIT ETF Stock Performance

Shares of Invesco KBW Premium Yield Equity REIT ETF stock traded up $0.03 during mid-day trading on Monday, hitting $18.74. 181,094 shares of the stock were exchanged, compared to its average volume of 137,841. The company has a market capitalization of $309.58 million, a P/E ratio of 22.41 and a beta of 1.01. The company has a 50-day simple moving average of $17.46 and a 200 day simple moving average of $16.46. Invesco KBW Premium Yield Equity REIT ETF has a 12 month low of $14.81 and a 12 month high of $18.74.

Invesco KBW Premium Yield Equity REIT ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were given a dividend of $0.12 per share. The ex-dividend date was Monday, June 22nd. This represents a c) annualized dividend and a yield of 7.7%.

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.