Short Interest in Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Increases By 24.0%

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) saw a significant increase in short interest in October. As of October 15th, there was short interest totalling 68,100 shares, an increase of 24.0% from the September 30th total of 54,900 shares. Based on an average trading volume of 99,000 shares, the days-to-cover ratio is currently 0.7 days.

Invesco KBW Premium Yield Equity REIT ETF Price Performance

KBWY stock traded up $0.20 during trading on Wednesday, hitting $20.52. 36,541 shares of the company traded hands, compared to its average volume of 86,115. The company has a market cap of $253.63 million, a PE ratio of 17.25 and a beta of 1.25. Invesco KBW Premium Yield Equity REIT ETF has a 1 year low of $16.23 and a 1 year high of $21.86. The stock’s 50-day simple moving average is $20.76 and its 200 day simple moving average is $19.09.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 21st were given a dividend of $0.127 per share. This represents a $1.52 annualized dividend and a dividend yield of 7.43%. The ex-dividend date of this dividend was Monday, October 21st.

Institutional Trading of Invesco KBW Premium Yield Equity REIT ETF

Several large investors have recently made changes to their positions in the company. Massmutual Trust Co. FSB ADV acquired a new position in Invesco KBW Premium Yield Equity REIT ETF during the third quarter worth $29,000. Petix & Botte Co acquired a new position in Invesco KBW Premium Yield Equity REIT ETF during the 3rd quarter worth about $206,000. Lmcg Investments LLC lifted its stake in Invesco KBW Premium Yield Equity REIT ETF by 24.9% during the 2nd quarter. Lmcg Investments LLC now owns 19,551 shares of the company’s stock worth $349,000 after acquiring an additional 3,897 shares in the last quarter. Fifth Third Securities Inc. acquired a new position in Invesco KBW Premium Yield Equity REIT ETF during the 2nd quarter worth about $2,334,000. Finally, TAP Consulting LLC lifted its stake in Invesco KBW Premium Yield Equity REIT ETF by 7.2% during the 2nd quarter. TAP Consulting LLC now owns 328,692 shares of the company’s stock worth $5,861,000 after acquiring an additional 21,974 shares in the last quarter.

Invesco KBW Premium Yield Equity REIT ETF Company Profile

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.