Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Short Interest Up 9.5% in January

Invesco KBW Regional Banking ETF (NASDAQ:KBWR) saw a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 12,700 shares, an increase of 9.5% from the January 15th total of 11,600 shares. Based on an average trading volume of 5,400 shares, the short-interest ratio is currently 2.4 days.

Invesco KBW Regional Banking ETF Price Performance

Shares of KBWR stock traded down $0.19 during midday trading on Friday, reaching $62.81. 2,260 shares of the company traded hands, compared to its average volume of 2,782. The firm’s 50 day simple moving average is $61.83 and its two-hundred day simple moving average is $59.80. Invesco KBW Regional Banking ETF has a 1-year low of $46.02 and a 1-year high of $69.75. The firm has a market cap of $57.15 million, a PE ratio of 9.98 and a beta of 1.05.

Invesco KBW Regional Banking ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.4104 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On Invesco KBW Regional Banking ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. TruNorth Capital Management LLC acquired a new stake in shares of Invesco KBW Regional Banking ETF during the 4th quarter valued at approximately $143,000. Two Sigma Securities LLC acquired a new position in shares of Invesco KBW Regional Banking ETF during the 4th quarter worth approximately $222,000. Meritage Portfolio Management raised its position in shares of Invesco KBW Regional Banking ETF by 9.3% during the 3rd quarter. Meritage Portfolio Management now owns 9,055 shares of the company’s stock worth $513,000 after purchasing an additional 774 shares during the last quarter. Private Advisor Group LLC acquired a new position in shares of Invesco KBW Regional Banking ETF during the 3rd quarter worth approximately $549,000. Finally, LPL Financial LLC raised its position in shares of Invesco KBW Regional Banking ETF by 1.9% during the 4th quarter. LPL Financial LLC now owns 19,706 shares of the company’s stock worth $1,178,000 after purchasing an additional 366 shares during the last quarter.

Invesco KBW Regional Banking ETF Company Profile

The Invesco KBW Regional Banking ETF (KBWR) is an exchange-traded fund that is based on the KBW Nasdaq Regional Banking index, a modified market-cap-weighted index focused exclusively on regional banking firms in the US. KBWR was launched on Nov 1, 2011 and is managed by Invesco.