Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Sees Large Drop in Short Interest

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 20,900 shares, a decrease of 68.5% from the August 15th total of 66,400 shares. Based on an average daily volume of 86,800 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of KBWY. Future Financial Wealth Managment LLC purchased a new stake in Invesco KBW Premium Yield Equity REIT ETF in the first quarter worth approximately $29,000. Advisory Services Network LLC purchased a new stake in Invesco KBW Premium Yield Equity REIT ETF in the fourth quarter worth approximately $161,000. Sandbox Financial Partners LLC purchased a new stake in Invesco KBW Premium Yield Equity REIT ETF in the first quarter worth approximately $192,000. Lmcg Investments LLC purchased a new stake in Invesco KBW Premium Yield Equity REIT ETF in the fourth quarter worth approximately $283,000. Finally, International Assets Investment Management LLC purchased a new stake in Invesco KBW Premium Yield Equity REIT ETF in the fourth quarter worth approximately $407,000.

Invesco KBW Premium Yield Equity REIT ETF Stock Up 1.1 %

Shares of KBWY stock traded up $0.22 during trading on Thursday, hitting $21.00. The company had a trading volume of 53,555 shares, compared to its average volume of 83,217. The stock’s 50-day moving average is $19.73 and its two-hundred day moving average is $18.30. The stock has a market capitalization of $228.48 million, a price-to-earnings ratio of 17.25 and a beta of 1.25. Invesco KBW Premium Yield Equity REIT ETF has a 52 week low of $15.93 and a 52 week high of $21.09.

Invesco KBW Premium Yield Equity REIT ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, August 23rd. Investors of record on Monday, August 19th were given a $0.132 dividend. This represents a $1.58 annualized dividend and a dividend yield of 7.54%. The ex-dividend date was Monday, August 19th.

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.