Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Short Interest Up 38,850.0% in April

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 77,900 shares, a growth of 38,850.0% from the March 31st total of 200 shares. Based on an average daily volume of 20,300 shares, the days-to-cover ratio is currently 3.8 days.

Invesco International BuyBack Achievers ETF Stock Up 1.0 %

IPKW stock opened at $39.97 on Friday. Invesco International BuyBack Achievers ETF has a 52-week low of $32.79 and a 52-week high of $40.64. The stock’s fifty day simple moving average is $38.97 and its 200-day simple moving average is $36.98. The stock has a market capitalization of $91.93 million, a price-to-earnings ratio of 9.86 and a beta of 0.93.

Invesco International BuyBack Achievers ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were issued a dividend of $0.3724 per share. This represents a $1.49 annualized dividend and a dividend yield of 3.73%. The ex-dividend date of this dividend was Monday, March 18th.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in IPKW. Brookstone Capital Management raised its position in shares of Invesco International BuyBack Achievers ETF by 6.4% in the 3rd quarter. Brookstone Capital Management now owns 83,051 shares of the company’s stock worth $2,853,000 after buying an additional 5,019 shares during the period. Park Avenue Securities LLC purchased a new position in shares of Invesco International BuyBack Achievers ETF in the 3rd quarter worth $255,000. ProVise Management Group LLC purchased a new position in shares of Invesco International BuyBack Achievers ETF in the 3rd quarter worth $204,000. Envestnet Portfolio Solutions Inc. purchased a new position in shares of Invesco International BuyBack Achievers ETF in the 3rd quarter worth $275,000. Finally, Envestnet Asset Management Inc. purchased a new position in shares of Invesco International BuyBack Achievers ETF in the 3rd quarter worth $14,097,000.

About Invesco International BuyBack Achievers ETF

The Invesco International BuyBack Achievers ETF (IPKW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a modified market-cap-weighted index of global ex-US companies that have reduced their outstanding shares by at least 5% in the past year. IPKW was launched on Mar 6, 2014 and is managed by Invesco.