Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Sees Large Increase in Short Interest

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 189,100 shares, an increase of 65.0% from the February 13th total of 114,600 shares. Based on an average daily volume of 46,200 shares, the short-interest ratio is presently 4.1 days. Currently, 9.2% of the shares of the company are sold short.

Institutional Investors Weigh In On Invesco International BuyBack Achievers ETF

Large investors have recently modified their holdings of the stock. Raymond James Financial Inc. bought a new position in Invesco International BuyBack Achievers ETF in the 4th quarter worth approximately $6,436,000. GTS Securities LLC bought a new position in Invesco International BuyBack Achievers ETF in the 4th quarter worth approximately $1,621,000. Bank of America Corp DE boosted its holdings in Invesco International BuyBack Achievers ETF by 66.4% in the 4th quarter. Bank of America Corp DE now owns 91,335 shares of the company’s stock worth $3,627,000 after buying an additional 36,436 shares during the period. Private Advisor Group LLC bought a new position in Invesco International BuyBack Achievers ETF in the 4th quarter worth approximately $1,239,000. Finally, Citadel Advisors LLC bought a new position in Invesco International BuyBack Achievers ETF in the 4th quarter worth approximately $902,000.

Invesco International BuyBack Achievers ETF Trading Up 2.0 %

Shares of IPKW stock traded up $0.89 during trading hours on Friday, hitting $46.52. 37,219 shares of the company were exchanged, compared to its average volume of 49,904. The firm has a fifty day simple moving average of $43.11 and a 200 day simple moving average of $42.02. Invesco International BuyBack Achievers ETF has a 52-week low of $37.96 and a 52-week high of $46.88. The stock has a market capitalization of $95.37 million, a price-to-earnings ratio of 11.37 and a beta of 0.93.

Invesco International BuyBack Achievers ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.5183 per share. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco International BuyBack Achievers ETF

The Invesco International BuyBack Achievers ETF (IPKW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a modified market-cap-weighted index of global ex-US companies that have reduced their outstanding shares by at least 5% in the past year. IPKW was launched on Mar 6, 2014 and is managed by Invesco.