Short Interest in Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Decreases By 17.9%

Invesco KBW Regional Banking ETF (NASDAQ:KBWR) was the recipient of a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 11,476 shares, a decline of 17.9% from the January 15th total of 13,981 shares. Based on an average daily volume of 7,987 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.5% of the company’s stock are short sold. Currently, 1.5% of the company’s stock are short sold. Based on an average daily volume of 7,987 shares, the days-to-cover ratio is currently 1.4 days.

Institutional Investors Weigh In On Invesco KBW Regional Banking ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in KBWR. Osaic Holdings Inc. raised its stake in Invesco KBW Regional Banking ETF by 10.5% during the 4th quarter. Osaic Holdings Inc. now owns 4,283 shares of the company’s stock valued at $265,000 after buying an additional 407 shares during the last quarter. Cherry Tree Wealth Management LLC bought a new stake in shares of Invesco KBW Regional Banking ETF in the fourth quarter worth $31,000. Raymond James Financial Inc. purchased a new stake in Invesco KBW Regional Banking ETF during the second quarter valued at $43,000. Kestra Advisory Services LLC bought a new position in Invesco KBW Regional Banking ETF in the fourth quarter valued at about $74,000. Finally, Byrne Financial Freedom LLC boosted its position in Invesco KBW Regional Banking ETF by 3.2% in the second quarter. Byrne Financial Freedom LLC now owns 63,642 shares of the company’s stock worth $3,678,000 after purchasing an additional 1,981 shares during the last quarter.

Invesco KBW Regional Banking ETF Price Performance

Shares of Invesco KBW Regional Banking ETF stock traded down $0.01 during trading on Wednesday, hitting $69.03. 614 shares of the company’s stock traded hands, compared to its average volume of 5,963. Invesco KBW Regional Banking ETF has a 1 year low of $46.85 and a 1 year high of $71.50. The business has a 50-day simple moving average of $65.52 and a 200-day simple moving average of $62.01. The stock has a market capitalization of $53.16 million, a P/E ratio of 13.81 and a beta of 0.87.

Invesco KBW Regional Banking ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued a dividend of $0.448 per share. The ex-dividend date of this dividend was Monday, December 22nd. This is a positive change from Invesco KBW Regional Banking ETF’s previous quarterly dividend of $0.40. This represents a $1.79 annualized dividend and a dividend yield of 2.6%.

Invesco KBW Regional Banking ETF Company Profile

The Invesco KBW Regional Banking ETF (KBWR) is an exchange-traded fund that is based on the KBW Nasdaq Regional Banking index, a modified market-cap-weighted index focused exclusively on regional banking firms in the US. KBWR was launched on Nov 1, 2011 and is managed by Invesco.