Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Short Interest Update

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 48,031 shares, a decline of 48.7% from the May 14th total of 93,585 shares. Based on an average daily volume of 92,385 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the company’s shares are sold short.

Institutional Investors Weigh In On Invesco KBW Premium Yield Equity REIT ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada raised its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 45.8% in the 1st quarter. Royal Bank of Canada now owns 5,195 shares of the company’s stock valued at $79,000 after acquiring an additional 1,632 shares during the period. Fifth Third Bancorp purchased a new stake in shares of Invesco KBW Premium Yield Equity REIT ETF in the 1st quarter valued at approximately $78,000. Lmcg Investments LLC raised its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 61.3% in the 1st quarter. Lmcg Investments LLC now owns 120,508 shares of the company’s stock valued at $1,841,000 after acquiring an additional 45,797 shares during the period. Cetera Investment Advisers raised its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 427.1% in the 4th quarter. Cetera Investment Advisers now owns 101,564 shares of the company’s stock valued at $1,567,000 after acquiring an additional 82,296 shares during the period. Finally, MML Investors Services LLC raised its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 6.8% in the 4th quarter. MML Investors Services LLC now owns 16,113 shares of the company’s stock valued at $249,000 after acquiring an additional 1,022 shares during the period.

Invesco KBW Premium Yield Equity REIT ETF Stock Performance

Shares of Invesco KBW Premium Yield Equity REIT ETF stock traded down $0.18 on Monday, reaching $18.19. The company had a trading volume of 238,502 shares, compared to its average volume of 134,815. The firm’s 50 day moving average price is $17.02 and its two-hundred day moving average price is $16.27. The firm has a market cap of $300.50 million, a PE ratio of 22.41 and a beta of 1.01. Invesco KBW Premium Yield Equity REIT ETF has a 52-week low of $14.81 and a 52-week high of $18.52.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 18th were paid a $0.1225 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date of this dividend was Monday, May 18th.

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.