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

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) saw a significant drop in short interest in September. As of September 15th, there was short interest totaling 208,825 shares, a drop of 62.8% from the August 31st total of 561,633 shares. Currently, 1.1% of the shares of the stock are short sold. Based on an average trading volume of 167,204 shares, the short-interest ratio is currently 1.2 days.

Invesco KBW Premium Yield Equity REIT ETF Trading Down 0.2%

Shares of NASDAQ:KBWY traded down $0.04 during mid-day trading on Tuesday, reaching $16.67. The stock had a trading volume of 344,204 shares, compared to its average volume of 155,992. The business’s 50 day moving average price is $17.94 and its 200 day moving average price is $17.42. Invesco KBW Premium Yield Equity REIT ETF has a 1 year low of $14.81 and a 1 year high of $19.35. The company has a market cap of $302.38 million, a P/E ratio of 22.41 and a beta of 0.99.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were given a dividend of $0.1199 per share. The ex-dividend date was Monday, September 21st. This represents a $1.44 dividend on an annualized basis and a dividend yield of 8.6%. This is a decrease from Invesco KBW Premium Yield Equity REIT ETF’s previous monthly dividend of $0.1199.

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

Several large investors have recently bought and sold shares of the business. First PREMIER Bank purchased a new position in Invesco KBW Premium Yield Equity REIT ETF during the second quarter worth $3,158,000. Lmcg Investments LLC boosted its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 61.3% during the 1st quarter. Lmcg Investments LLC now owns 120,508 shares of the company’s stock worth $1,841,000 after purchasing an additional 45,797 shares during the period. Integrated Wealth Concepts LLC bought a new position in shares of Invesco KBW Premium Yield Equity REIT ETF during the second quarter valued at approximately $132,000. Royal Bank of Canada grew its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 45.8% during the first quarter. Royal Bank of Canada now owns 5,195 shares of the company’s stock valued at $79,000 after buying an additional 1,632 shares during the last quarter. Finally, Fifth Third Bancorp purchased a new stake in shares of Invesco KBW Premium Yield Equity REIT ETF in the first quarter worth approximately $78,000.

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.