Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) Short Interest Up 8.1% in November

Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) was the recipient of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 605,500 shares, a growth of 8.1% from the October 31st total of 560,200 shares. Based on an average trading volume of 167,600 shares, the days-to-cover ratio is presently 3.6 days.

Hedge Funds Weigh In On Invesco KBW High Dividend Yield Financial ETF

Large investors have recently bought and sold shares of the stock. Mattson Financial Services LLC acquired a new position in Invesco KBW High Dividend Yield Financial ETF during the 2nd quarter valued at about $45,000. ORG Partners LLC acquired a new position in shares of Invesco KBW High Dividend Yield Financial ETF in the 2nd quarter worth approximately $66,000. Farther Finance Advisors LLC grew its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 46.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,748 shares of the company’s stock worth $164,000 after purchasing an additional 3,412 shares during the last quarter. CreativeOne Wealth LLC acquired a new position in shares of Invesco KBW High Dividend Yield Financial ETF in the 3rd quarter worth approximately $255,000. Finally, Good Life Advisors LLC acquired a new position in shares of Invesco KBW High Dividend Yield Financial ETF in the 3rd quarter worth approximately $266,000.

Invesco KBW High Dividend Yield Financial ETF Stock Performance

Shares of Invesco KBW High Dividend Yield Financial ETF stock traded down $0.07 during trading hours on Monday, reaching $15.44. The company’s stock had a trading volume of 113,025 shares, compared to its average volume of 138,782. The company’s 50 day simple moving average is $15.11 and its 200 day simple moving average is $15.25. Invesco KBW High Dividend Yield Financial ETF has a one year low of $14.34 and a one year high of $16.38. The stock has a market cap of $402.52 million, a P/E ratio of 8.21 and a beta of 1.40.

Invesco KBW High Dividend Yield Financial ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, November 22nd. Investors of record on Monday, November 18th were issued a $0.147 dividend. The ex-dividend date was Monday, November 18th.

About Invesco KBW High Dividend Yield Financial ETF

The Invesco KBW High Dividend Yield Financial ETF (KBWD) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a dividend-yield-weighted index of US financial firms. KBWD was launched on Dec 2, 2010 and is managed by Invesco.