Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Short Interest Up 185.0% in June

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

Invesco KBW Premium Yield Equity REIT ETF Stock Down 0.4%

NASDAQ:KBWY traded down $0.07 during mid-day trading on Tuesday, reaching $18.67. 73,060 shares of the stock were exchanged, compared to its average volume of 137,301. The company has a 50 day simple moving average of $17.46 and a 200-day simple moving average of $16.46. The stock has a market capitalization of $308.43 million, a P/E ratio of 22.41 and a beta of 1.01. Invesco KBW Premium Yield Equity REIT ETF has a 1 year low of $14.81 and a 1 year high of $18.74.

Invesco KBW Premium Yield Equity REIT ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, June 26th. Stockholders of record on Monday, June 22nd were issued a $0.12 dividend. This represents a c) annualized dividend and a dividend yield of 7.7%. The ex-dividend date of this dividend was Monday, June 22nd.

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

Institutional investors have recently modified their holdings of the business. Royal Bank of Canada increased its holdings in shares of Invesco KBW Premium Yield Equity REIT ETF by 45.8% in the 1st quarter. Royal Bank of Canada now owns 5,195 shares of the company’s stock valued at $79,000 after acquiring an additional 1,632 shares during the period. Fifth Third Bancorp acquired a new stake in Invesco KBW Premium Yield Equity REIT ETF during the 1st quarter worth $78,000. Lmcg Investments LLC boosted its stake in Invesco KBW Premium Yield Equity REIT ETF by 61.3% during the 1st quarter. Lmcg Investments LLC now owns 120,508 shares of the company’s stock worth $1,841,000 after purchasing an additional 45,797 shares during the period. Cetera Investment Advisers grew its position in Invesco KBW Premium Yield Equity REIT ETF by 427.1% during the 4th quarter. Cetera Investment Advisers now owns 101,564 shares of the company’s stock worth $1,567,000 after purchasing an additional 82,296 shares during the last quarter. Finally, MML Investors Services LLC grew its position in Invesco KBW Premium Yield Equity REIT ETF by 6.8% during the 4th quarter. MML Investors Services LLC now owns 16,113 shares of the company’s stock worth $249,000 after purchasing an additional 1,022 shares during the last quarter.

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.