Short Interest in Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Expands By 35.5%

by · The Markets Daily

Invesco KBW Regional Banking ETF (NASDAQ:KBWR – Get Free Report) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totaling 15,656 shares, a growth of 35.5% from the November 30th total of 11,556 shares. Approximately 1.8% of the company’s shares are short sold. Based on an average daily volume of 4,725 shares, the short-interest ratio is presently 3.3 days. Based on an average daily volume of 4,725 shares, the short-interest ratio is presently 3.3 days. Approximately 1.8% of the company’s shares are short sold.

Hedge Funds Weigh In On Invesco KBW Regional Banking ETF

Large investors have recently made changes to their positions in the business. Jane Street Group LLC bought a new position in Invesco KBW Regional Banking ETF during the 1st quarter valued at approximately $302,000. Meritage Portfolio Management grew its stake in shares of Invesco KBW Regional Banking ETF by 4.3% in the second quarter. Meritage Portfolio Management now owns 10,180 shares of the company’s stock worth $588,000 after acquiring an additional 420 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Invesco KBW Regional Banking ETF during the second quarter valued at $43,000. Byrne Financial Freedom LLC increased its holdings in shares of Invesco KBW Regional Banking ETF by 3.2% during the second quarter. Byrne Financial Freedom LLC now owns 63,642 shares of the company’s stock valued at $3,678,000 after acquiring an additional 1,981 shares in the last quarter. Finally, Osaic Holdings Inc. raised its position in shares of Invesco KBW Regional Banking ETF by 46.5% in the 2nd quarter. Osaic Holdings Inc. now owns 3,622 shares of the company’s stock worth $209,000 after purchasing an additional 1,149 shares during the last quarter.

Invesco KBW Regional Banking ETF Price Performance

KBWR stock traded down $0.48 during trading on Wednesday, reaching $62.04. The company had a trading volume of 2,217 shares, compared to its average volume of 3,177. Invesco KBW Regional Banking ETF has a 52 week low of $46.85 and a 52 week high of $65.00. The business has a 50 day moving average of $60.69 and a 200 day moving average of $60.26. The company has a market cap of $52.73 million, a P/E ratio of 13.81 and a beta of 0.87.

Invesco KBW Regional Banking ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were given a dividend of $0.448 per share. This is an increase from Invesco KBW Regional Banking ETF’s previous quarterly dividend of $0.40. This represents a $1.79 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Monday, December 22nd.

About Invesco KBW Regional Banking ETF

(Get Free Report)

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.

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