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

Invesco KBW Regional Banking ETF (NASDAQ:KBWR) was the target of a large increase in short interest in 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 days-to-cover ratio is presently 2.4 days.

Institutional Trading of Invesco KBW Regional Banking ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Private Advisor Group LLC acquired a new stake in shares of Invesco KBW Regional Banking ETF in the third quarter worth $549,000. Meritage Portfolio Management boosted its position in shares of Invesco KBW Regional Banking ETF by 12.3% in the fourth quarter. Meritage Portfolio Management now owns 10,170 shares of the company’s stock worth $608,000 after buying an additional 1,115 shares during the period. Bank of America Corp DE boosted its position in shares of Invesco KBW Regional Banking ETF by 41.0% in the fourth quarter. Bank of America Corp DE now owns 37,558 shares of the company’s stock worth $2,246,000 after buying an additional 10,914 shares during the period. Two Sigma Securities LLC acquired a new stake in shares of Invesco KBW Regional Banking ETF in the fourth quarter worth $222,000. Finally, LPL Financial LLC boosted its position in shares of Invesco KBW Regional Banking ETF by 1.9% in the fourth quarter. LPL Financial LLC now owns 19,706 shares of the company’s stock worth $1,178,000 after buying an additional 366 shares during the period.

Invesco KBW Regional Banking ETF Price Performance

Shares of KBWR traded down $0.19 during trading hours on Monday, hitting $62.81. 2,260 shares of the company were exchanged, compared to its average volume of 2,782. The company has a market capitalization of $57.15 million, a PE ratio of 9.98 and a beta of 1.05. The firm has a fifty day simple moving average of $61.83 and a 200-day simple moving average of $59.81. Invesco KBW Regional Banking ETF has a one year low of $46.02 and a one year high of $69.75.

Invesco KBW Regional Banking ETF Announces Dividend

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

About Invesco KBW Regional Banking ETF

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.