Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Short Interest Update

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) was the target of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 46,357 shares, a decrease of 34.4% from the April 15th total of 70,714 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 103,006 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC bought a new position in Invesco KBW Premium Yield Equity REIT ETF in the 3rd quarter valued at $61,000. Fifth Third Bancorp bought a new position in Invesco KBW Premium Yield Equity REIT ETF in the 1st quarter valued at $78,000. Royal Bank of Canada grew its stake in Invesco KBW Premium Yield Equity REIT ETF by 45.8% in the 1st quarter. Royal Bank of Canada now owns 5,195 shares of the company’s stock valued at $79,000 after purchasing an additional 1,632 shares during the period. Comerica Bank grew its stake in Invesco KBW Premium Yield Equity REIT ETF by 22.8% in the 1st quarter. Comerica Bank now owns 5,241 shares of the company’s stock valued at $87,000 after purchasing an additional 974 shares during the period. Finally, Northwestern Mutual Wealth Management Co. bought a new position in Invesco KBW Premium Yield Equity REIT ETF in the 4th quarter valued at $91,000.

Invesco KBW Premium Yield Equity REIT ETF Trading Down 0.7%

NASDAQ KBWY opened at $16.88 on Wednesday. The firm has a market capitalization of $278.86 million, a P/E ratio of 22.41 and a beta of 1.01. The business has a fifty day simple moving average of $16.19 and a 200 day simple moving average of $15.94. Invesco KBW Premium Yield Equity REIT ETF has a 12 month low of $14.81 and a 12 month high of $17.39.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Monday, May 18th will be paid a $0.1225 dividend. This represents a c) dividend on an annualized basis and a yield of 8.7%. The ex-dividend date is Monday, May 18th.

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.