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

Invesco BuyBack Achievers ETF (NASDAQ:PKW) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 32,226 shares, a growth of 179.9% from the April 30th total of 11,514 shares. Based on an average daily trading volume, of 31,051 shares, the short-interest ratio is currently 1.0 days. Approximately 0.3% of the company’s shares are sold short.

Institutional Investors Weigh In On Invesco BuyBack Achievers ETF

Institutional investors have recently made changes to their positions in the stock. Garton & Associates Financial Advisors LLC bought a new stake in shares of Invesco BuyBack Achievers ETF in the 4th quarter valued at about $28,000. Chesapeake Asset Management LLC bought a new stake in shares of Invesco BuyBack Achievers ETF in the 4th quarter valued at about $34,000. Axiom Investment Management LLC bought a new stake in shares of Invesco BuyBack Achievers ETF in the 1st quarter valued at about $52,000. Cardiff Park Advisors LLC bought a new stake in shares of Invesco BuyBack Achievers ETF in the 1st quarter valued at about $79,000. Finally, Main Street Group LTD bought a new stake in shares of Invesco BuyBack Achievers ETF in the 1st quarter valued at about $79,000.

Invesco BuyBack Achievers ETF Stock Down 0.1%

Shares of NASDAQ PKW traded down $0.08 during trading on Friday, reaching $136.70. The company had a trading volume of 56,576 shares, compared to its average volume of 31,697. The company’s fifty day moving average price is $135.35 and its 200-day moving average price is $135.10. Invesco BuyBack Achievers ETF has a 12 month low of $116.97 and a 12 month high of $141.39. The stock has a market cap of $1.62 billion, a P/E ratio of 15.13 and a beta of 0.95.

Invesco BuyBack Achievers ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Monday, March 23rd were given a $0.2167 dividend. This represents a $0.87 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Monday, March 23rd.

Invesco BuyBack Achievers ETF Company Profile

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.