Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Stock Short Interest Report for October

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) was the recipient of a significant increase in short interest in October. As of October 30th, there was short interest totaling 319,382 shares, an increase of 5,392.4% from the October 15th total of 5,815 shares. Based on an average daily volume of 58,191 shares, the short-interest ratio is presently 5.5 days. Currently, 3.5% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Fifth Third Bancorp bought a new stake in Invesco International BuyBack Achievers ETF in the first quarter worth about $35,000. Cyndeo Wealth Partners LLC acquired a new stake in Invesco International BuyBack Achievers ETF in the 3rd quarter valued at about $201,000. Thoroughbred Financial Services LLC bought a new position in shares of Invesco International BuyBack Achievers ETF during the 3rd quarter valued at about $219,000. McKinley Carter Wealth Services Inc. bought a new position in shares of Invesco International BuyBack Achievers ETF during the 3rd quarter valued at about $227,000. Finally, Integrated Wealth Concepts LLC bought a new position in shares of Invesco International BuyBack Achievers ETF during the 2nd quarter valued at about $221,000.

Invesco International BuyBack Achievers ETF Stock Down 0.4%

IPKW traded down $0.26 during trading on Tuesday, reaching $60.27. The stock had a trading volume of 32,373 shares, compared to its average volume of 54,233. The stock has a 50 day moving average of $60.08 and a two-hundred day moving average of $58.82. The firm has a market capitalization of $557.50 million, a price-to-earnings ratio of 12.84 and a beta of 0.66. Invesco International BuyBack Achievers ETF has a 1-year low of $51.35 and a 1-year high of $62.17.

Invesco International BuyBack Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were paid a $0.2494 dividend. The ex-dividend date of this dividend was Monday, September 21st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.7%. This is a drop from Invesco International BuyBack Achievers ETF’s previous quarterly dividend of $0.4503.

About Invesco International BuyBack Achievers ETF

The Invesco International BuyBack Achievers ETF (IPKW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a modified market-cap-weighted index of global ex-US companies that have reduced their outstanding shares by at least 5% in the past year. IPKW was launched on Mar 6, 2014 and is managed by Invesco.