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

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 company’s stock are sold short. Based on an average daily volume of 135,782 shares, the short-interest ratio is currently 1.0 days.

Invesco KBW Premium Yield Equity REIT ETF Trading Up 2.2%

NASDAQ KBWY traded up $0.40 on Friday, reaching $18.69. The stock had a trading volume of 259,723 shares, compared to its average volume of 137,470. Invesco KBW Premium Yield Equity REIT ETF has a 1 year low of $14.81 and a 1 year high of $18.72. The business has a 50 day moving average price of $17.42 and a 200 day moving average price of $16.42. The company has a market capitalization of $308.76 million, a price-to-earnings ratio of 22.41 and a beta of 1.01.

Invesco KBW Premium Yield Equity REIT ETF Announces Dividend

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

Institutional Trading of Invesco KBW Premium Yield Equity REIT ETF

Institutional investors have recently added to or reduced their stakes in the business. Comerica Bank boosted its holdings in Invesco KBW Premium Yield Equity REIT ETF by 22.8% in the first quarter. Comerica Bank now owns 5,241 shares of the company’s stock worth $87,000 after purchasing an additional 974 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in Invesco KBW Premium Yield Equity REIT ETF by 1,373.7% during the first quarter. Jones Financial Companies Lllp now owns 51,006 shares of the company’s stock valued at $851,000 after purchasing an additional 47,545 shares during the last quarter. Marshall Wace LLP bought a new position in shares of Invesco KBW Premium Yield Equity REIT ETF in the second quarter valued at approximately $321,000. Jane Street Group LLC bought a new position in shares of Invesco KBW Premium Yield Equity REIT ETF in the second quarter valued at approximately $498,000. Finally, Bank of America Corp DE lifted its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 17.2% in the second quarter. Bank of America Corp DE now owns 73,833 shares of the company’s stock worth $1,161,000 after buying an additional 10,855 shares during the last quarter.

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.