Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Short Interest Down 46.3% in July

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) saw a significant decrease in short interest in July. As of July 15th, there was short interest totaling 94,866 shares, a decrease of 46.3% from the June 30th total of 176,762 shares. Based on an average trading volume of 151,726 shares, the short-interest ratio is presently 0.6 days. Approximately 0.6% of the company’s shares are short sold.

Invesco KBW Premium Yield Equity REIT ETF Trading Down 0.1%

Shares of KBWY traded down $0.02 during midday trading on Wednesday, reaching $18.83. 143,067 shares of the company were exchanged, compared to its average volume of 138,474. The company has a market cap of $320.30 million, a price-to-earnings ratio of 22.41 and a beta of 1.00. Invesco KBW Premium Yield Equity REIT ETF has a 1-year low of $14.81 and a 1-year high of $19.35. The stock has a 50-day moving average price of $18.23 and a 200-day moving average price of $16.93.

Invesco KBW Premium Yield Equity REIT ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, July 24th. Shareholders of record on Monday, July 20th were given a $0.12 dividend. The ex-dividend date of this dividend was Monday, July 20th.

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

Several hedge funds and other institutional investors have recently modified their holdings of KBWY. Comerica Bank raised its stake 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 worth $87,000 after acquiring an additional 974 shares during the period. Jones Financial Companies Lllp grew its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 1,373.7% in the first quarter. Jones Financial Companies Lllp now owns 51,006 shares of the company’s stock worth $851,000 after purchasing an additional 47,545 shares in the last quarter. Marshall Wace LLP acquired a new position in Invesco KBW Premium Yield Equity REIT ETF during the 2nd quarter valued at about $321,000. Jane Street Group LLC acquired a new position in shares of Invesco KBW Premium Yield Equity REIT ETF during the second quarter valued at approximately $498,000. Finally, Bank of America Corp DE increased its position in shares of Invesco KBW Premium Yield Equity REIT ETF by 17.2% during the 2nd quarter. Bank of America Corp DE now owns 73,833 shares of the company’s stock valued at $1,161,000 after purchasing an additional 10,855 shares during the period.

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.