Short Interest in Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Decreases By 23.5%

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) saw a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 49,600 shares, a drop of 23.5% from the February 28th total of 64,800 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 140,400 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On Invesco KBW Premium Yield Equity REIT ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC bought a new stake in Invesco KBW Premium Yield Equity REIT ETF in the third quarter valued at approximately $220,000. MassMutual Private Wealth & Trust FSB raised its holdings in Invesco KBW Premium Yield Equity REIT ETF by 801.0% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 12,308 shares of the company’s stock valued at $220,000 after buying an additional 10,942 shares during the last quarter. Lmcg Investments LLC boosted its position in Invesco KBW Premium Yield Equity REIT ETF by 54.7% during the 4th quarter. Lmcg Investments LLC now owns 32,346 shares of the company’s stock valued at $579,000 after buying an additional 11,438 shares during the period. Synergy Asset Management LLC bought a new stake in Invesco KBW Premium Yield Equity REIT ETF in the 4th quarter worth $27,000. Finally, Crews Bank & Trust purchased a new position in shares of Invesco KBW Premium Yield Equity REIT ETF in the fourth quarter valued at about $55,000.

Invesco KBW Premium Yield Equity REIT ETF Price Performance

Invesco KBW Premium Yield Equity REIT ETF stock traded down $0.05 during mid-day trading on Wednesday, hitting $16.64. The company’s stock had a trading volume of 82,873 shares, compared to its average volume of 134,068. The business has a 50 day moving average price of $17.25 and a 200-day moving average price of $18.77. Invesco KBW Premium Yield Equity REIT ETF has a 12 month low of $16.50 and a 12 month high of $21.86. The stock has a market cap of $207.67 million, a price-to-earnings ratio of 9.92 and a beta of 1.25.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a $0.1262 dividend. The ex-dividend date was Monday, March 24th.

About Invesco KBW Premium Yield Equity REIT ETF

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.