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

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWYGet Free Report) was the recipient of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 14,800 shares, an increase of 322.9% from the January 15th total of 3,500 shares. Based on an average daily trading volume, of 73,700 shares, the days-to-cover ratio is currently 0.2 days.

Invesco KBW Premium Yield Equity REIT ETF Stock Performance

Shares of KBWY stock opened at $18.16 on Tuesday. The stock has a 50 day moving average price of $19.13 and a 200 day moving average price of $18.38. Invesco KBW Premium Yield Equity REIT ETF has a 52-week low of $15.93 and a 52-week high of $22.12. The firm has a market capitalization of $213.56 million, a P/E ratio of 39.86 and a beta of 1.25.

Invesco KBW Premium Yield Equity REIT ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 26th. Shareholders of record on Tuesday, January 23rd were paid a $0.1313 dividend. The ex-dividend date of this dividend was Monday, January 22nd. This represents a $1.58 dividend on an annualized basis and a yield of 8.67%.

Institutional Trading of Invesco KBW Premium Yield Equity REIT ETF

Several institutional investors and hedge funds have recently made changes to their positions in KBWY. Advisory Services Network LLC purchased a new position in Invesco KBW Premium Yield Equity REIT ETF in the 4th quarter worth about $161,000. Lmcg Investments LLC bought a new position in Invesco KBW Premium Yield Equity REIT ETF in the 4th quarter worth about $283,000. International Assets Investment Management LLC purchased a new position in shares of Invesco KBW Premium Yield Equity REIT ETF during the fourth quarter worth approximately $407,000. Clear Creek Financial Management LLC purchased a new position in shares of Invesco KBW Premium Yield Equity REIT ETF during the fourth quarter worth approximately $242,000. Finally, Ameriprise Financial Inc. raised its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 49.5% during the third quarter. Ameriprise Financial Inc. now owns 96,666 shares of the company’s stock valued at $1,686,000 after acquiring an additional 32,012 shares in the last quarter.

About Invesco KBW Premium Yield Equity REIT ETF

(Get Free Report)

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.

See Also

Receive News & Ratings for Invesco KBW Premium Yield Equity REIT ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco KBW Premium Yield Equity REIT ETF and related companies with MarketBeat.com's FREE daily email newsletter.