Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Sees Significant Growth in Short Interest

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 344,646 shares, an increase of 263.3% from the July 15th total of 94,866 shares. Based on an average daily trading volume, of 151,474 shares, the short-interest ratio is currently 2.3 days. Approximately 2.0% of the company’s shares are short sold.

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

Several institutional investors and hedge funds have recently bought and sold shares of KBWY. Comerica Bank raised its stake in Invesco KBW Premium Yield Equity REIT ETF by 22.8% during the first quarter. Comerica Bank now owns 5,241 shares of the company’s stock worth $87,000 after purchasing an additional 974 shares during the period. Jones Financial Companies Lllp increased its holdings in shares of Invesco KBW Premium Yield Equity REIT ETF by 1,373.7% during the 1st quarter. Jones Financial Companies Lllp now owns 51,006 shares of the company’s stock worth $851,000 after buying an additional 47,545 shares during the last quarter. Marshall Wace LLP acquired a new stake in shares of Invesco KBW Premium Yield Equity REIT ETF during the 2nd quarter worth $321,000. Jane Street Group LLC purchased a new position in shares of Invesco KBW Premium Yield Equity REIT ETF in the 2nd quarter worth $498,000. Finally, Bank of America Corp DE raised its position in shares of Invesco KBW Premium Yield Equity REIT ETF by 17.2% in the 2nd quarter. Bank of America Corp DE now owns 73,833 shares of the company’s stock worth $1,161,000 after buying an additional 10,855 shares during the period.

Invesco KBW Premium Yield Equity REIT ETF Trading Down 0.7%

KBWY traded down $0.12 during midday trading on Friday, hitting $18.05. The company’s stock had a trading volume of 160,179 shares, compared to its average volume of 142,668. Invesco KBW Premium Yield Equity REIT ETF has a 52-week low of $14.81 and a 52-week high of $19.35. The firm has a 50-day moving average price of $18.42 and a two-hundred day moving average price of $17.09. The firm has a market cap of $307.75 million, a P/E ratio of 22.41 and a beta of 0.99.

Invesco KBW Premium Yield Equity REIT ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were issued a $0.12 dividend. The ex-dividend date was Monday, July 20th.

Invesco KBW Premium Yield Equity REIT ETF Company Profile

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.