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

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) saw a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 95,231 shares, a decrease of 28.9% from the January 15th total of 133,891 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 139,070 shares, the short-interest ratio is currently 0.7 days. Based on an average daily volume of 139,070 shares, the short-interest ratio is currently 0.7 days. Approximately 0.6% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Allworth Financial LP acquired a new position in Invesco KBW Premium Yield Equity REIT ETF in the second quarter valued at about $39,000. Advisory Services Network LLC bought a new stake in shares of Invesco KBW Premium Yield Equity REIT ETF in the 3rd quarter valued at about $61,000. PNC Financial Services Group Inc. raised its position in shares of Invesco KBW Premium Yield Equity REIT ETF by 20,692.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 5,198 shares of the company’s stock valued at $82,000 after acquiring an additional 5,173 shares during the period. Comerica Bank raised its position in shares of Invesco KBW Premium Yield Equity REIT ETF by 22.8% in the 1st quarter. Comerica Bank now owns 5,241 shares of the company’s stock valued at $87,000 after acquiring an additional 974 shares during the period. Finally, Northwestern Mutual Wealth Management Co. bought a new position in Invesco KBW Premium Yield Equity REIT ETF during the 4th quarter worth approximately $91,000.

Invesco KBW Premium Yield Equity REIT ETF Stock Up 1.4%

KBWY stock traded up $0.22 during trading on Monday, hitting $16.31. The company had a trading volume of 250,701 shares, compared to its average volume of 152,498. The firm has a 50-day moving average price of $15.90 and a 200-day moving average price of $15.76. Invesco KBW Premium Yield Equity REIT ETF has a 12 month low of $13.86 and a 12 month high of $17.83. The stock has a market cap of $266.67 million, a price-to-earnings ratio of 22.41 and a beta of 1.13.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 23rd. Shareholders of record on Tuesday, January 20th were issued a dividend of $0.1253 per share. This represents a c) dividend on an annualized basis and a yield of 9.2%. The ex-dividend date of this dividend was Tuesday, January 20th.

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.