Short Interest in Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Grows By 72.8%

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) was the recipient of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 64,800 shares, a growth of 72.8% from the February 13th total of 37,500 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily volume of 131,300 shares, the days-to-cover ratio is presently 0.5 days.

Invesco KBW Premium Yield Equity REIT ETF Trading Up 2.2 %

Invesco KBW Premium Yield Equity REIT ETF stock opened at $16.98 on Monday. The firm has a market capitalization of $211.91 million, a P/E ratio of 10.37 and a beta of 1.25. The stock has a fifty day moving average price of $17.43 and a 200 day moving average price of $19.10. Invesco KBW Premium Yield Equity REIT ETF has a 52 week low of $16.60 and a 52 week high of $21.86.

Invesco KBW Premium Yield Equity REIT ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 24th were paid a $0.1262 dividend. This is a positive change from Invesco KBW Premium Yield Equity REIT ETF’s previous dividend of $0.13. The ex-dividend date was Monday, February 24th.

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

Institutional investors have recently added to or reduced their stakes in the business. Anderson Financial Strategies LLC acquired a new position in Invesco KBW Premium Yield Equity REIT ETF in the fourth quarter valued at $25,000. Synergy Asset Management LLC purchased a new stake in Invesco KBW Premium Yield Equity REIT ETF during the fourth quarter valued at about $27,000. Crews Bank & Trust purchased a new stake in Invesco KBW Premium Yield Equity REIT ETF during the fourth quarter valued at about $55,000. Jones Financial Companies Lllp grew its position in Invesco KBW Premium Yield Equity REIT ETF by 85.2% during the fourth quarter. Jones Financial Companies Lllp now owns 3,461 shares of the company’s stock valued at $62,000 after acquiring an additional 1,592 shares during the period. Finally, Silver Oak Securities Incorporated purchased a new stake in Invesco KBW Premium Yield Equity REIT ETF during the fourth quarter valued at about $204,000.

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.