Short Interest in Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Expands By 107.1%

by · The Markets Daily

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY – Get Free Report) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 561,633 shares, a growth of 107.1% from the August 15th total of 271,155 shares. Approximately 3.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 234,641 shares, the short-interest ratio is currently 2.4 days.

Institutional Investors Weigh In On Invesco KBW Premium Yield Equity REIT ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC bought a new stake in Invesco KBW Premium Yield Equity REIT ETF during the second quarter valued at approximately $132,000. First PREMIER Bank purchased a new stake in shares of Invesco KBW Premium Yield Equity REIT ETF during the 2nd quarter valued at $3,158,000. Royal Bank of Canada lifted its holdings in shares of Invesco KBW Premium Yield Equity REIT ETF by 45.8% during the 1st quarter. Royal Bank of Canada now owns 5,195 shares of the company’s stock worth $79,000 after acquiring an additional 1,632 shares during the last quarter. Fifth Third Bancorp bought a new stake in shares of Invesco KBW Premium Yield Equity REIT ETF during the 1st quarter worth $78,000. Finally, Lmcg Investments LLC grew its position in Invesco KBW Premium Yield Equity REIT ETF by 61.3% in the first quarter. Lmcg Investments LLC now owns 120,508 shares of the company’s stock worth $1,841,000 after acquiring an additional 45,797 shares in the last quarter.

Invesco KBW Premium Yield Equity REIT ETF Stock Performance

Invesco KBW Premium Yield Equity REIT ETF stock traded up $0.01 during midday trading on Monday, hitting $17.50. 104,048 shares of the company’s stock were exchanged, compared to its average volume of 150,301. The company has a market cap of $298.46 million, a P/E ratio of 22.41 and a beta of 0.99. The stock has a 50-day moving average price of $18.29 and a two-hundred day moving average price of $17.36. Invesco KBW Premium Yield Equity REIT ETF has a 52-week low of $14.81 and a 52-week high of $19.35.

Invesco KBW Premium Yield Equity REIT ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 24th were issued a dividend of $0.1199 per share. The ex-dividend date of this dividend was Monday, August 24th. This represents a c) annualized dividend and a dividend yield of 8.2%.

Invesco KBW Premium Yield Equity REIT ETF Company Profile

(Get Free Report)

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.

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