Invesco BuyBack Achievers ETF (NASDAQ:PKW) Short Interest Update

Invesco BuyBack Achievers ETF (NASDAQ:PKW) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 33,001 shares, a drop of 30.7% from the January 15th total of 47,654 shares. Based on an average daily trading volume, of 40,308 shares, the short-interest ratio is currently 0.8 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 40,308 shares, the short-interest ratio is currently 0.8 days.

Invesco BuyBack Achievers ETF Stock Up 0.8%

Shares of NASDAQ PKW traded up $1.08 during trading on Monday, reaching $137.88. The company had a trading volume of 41,144 shares, compared to its average volume of 41,445. Invesco BuyBack Achievers ETF has a 12-month low of $96.10 and a 12-month high of $140.10. The business’s 50-day moving average is $136.42 and its 200 day moving average is $132.50. The stock has a market cap of $2.14 billion, a PE ratio of 15.13 and a beta of 1.05.

Invesco BuyBack Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a dividend of $0.2739 per share. This represents a $1.10 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Monday, December 22nd.

Institutional Investors Weigh In On Invesco BuyBack Achievers ETF

A number of institutional investors have recently made changes to their positions in PKW. Chesapeake Asset Management LLC bought a new position in shares of Invesco BuyBack Achievers ETF during the fourth quarter valued at $34,000. Assetmark Inc. boosted its position in Invesco BuyBack Achievers ETF by 72.4% in the 2nd quarter. Assetmark Inc. now owns 488 shares of the exchange traded fund’s stock valued at $60,000 after buying an additional 205 shares during the period. CX Institutional acquired a new position in Invesco BuyBack Achievers ETF during the 3rd quarter worth approximately $71,000. Cardiff Park Advisors LLC purchased a new position in shares of Invesco BuyBack Achievers ETF in the 3rd quarter valued at about $79,000. Finally, International Assets Investment Management LLC acquired a new position in Invesco BuyBack Achievers ETF during the 4th quarter worth approximately $87,000.

About Invesco BuyBack Achievers ETF

PowerShares Buyback Achievers Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Share BuyBack Achievers Index (the Index). The Index is designed to track the performance of companies that meet the requirements to be classified as BuyBack Achievers. To become eligible for inclusion in the Index, a company must be incorporated in the United States, trade on a United States exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months.