Short Interest in Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Expands By 185.0%

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 136,873 shares, an increase of 185.0% from the May 31st total of 48,031 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 135,782 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Trading of Invesco KBW Premium Yield Equity REIT ETF

A number of hedge funds have recently bought and sold shares of the company. Advisory Services Network LLC purchased a new position in Invesco KBW Premium Yield Equity REIT ETF during the 3rd quarter worth approximately $61,000. Fifth Third Bancorp acquired a new stake in shares of Invesco KBW Premium Yield Equity REIT ETF during the first quarter worth approximately $78,000. Royal Bank of Canada boosted its holdings 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 worth $79,000 after purchasing an additional 1,632 shares during the period. Comerica Bank grew its position in Invesco KBW Premium Yield Equity REIT ETF by 22.8% during the first quarter. Comerica Bank now owns 5,241 shares of the company’s stock valued at $87,000 after purchasing an additional 974 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in Invesco KBW Premium Yield Equity REIT ETF during the fourth quarter valued at approximately $91,000.

Invesco KBW Premium Yield Equity REIT ETF Trading Up 2.2%

Shares of NASDAQ KBWY traded up $0.40 during mid-day trading on Friday, reaching $18.69. The company had a trading volume of 259,723 shares, compared to its average volume of 137,470. The company has a 50-day moving average price of $17.42 and a two-hundred day moving average price of $16.42. The stock has a market cap of $308.76 million, a PE ratio of 22.41 and a beta of 1.01. Invesco KBW Premium Yield Equity REIT ETF has a 1-year low of $14.81 and a 1-year high of $18.72.

Invesco KBW Premium Yield Equity REIT ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a $0.12 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a c) dividend on an annualized basis and a yield of 7.7%.

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.