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

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 14,500 shares, a decline of 59.4% from the November 30th total of 35,700 shares. Based on an average daily trading volume, of 112,500 shares, the days-to-cover ratio is presently 0.1 days.

Invesco KBW Premium Yield Equity REIT ETF Stock Performance

KBWY stock traded down $0.31 during mid-day trading on Friday, reaching $17.78. 300,816 shares of the stock traded hands, compared to its average volume of 92,634. Invesco KBW Premium Yield Equity REIT ETF has a one year low of $16.79 and a one year high of $21.86. The stock has a market capitalization of $220.29 million, a PE ratio of 17.25 and a beta of 1.25. The business has a 50-day moving average price of $19.56 and a two-hundred day moving average price of $19.65.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a $0.1263 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Massmutual Trust Co. FSB ADV purchased a new stake in shares of Invesco KBW Premium Yield Equity REIT ETF in the third quarter worth approximately $29,000. Petix & Botte Co bought a new position in Invesco KBW Premium Yield Equity REIT ETF in the 3rd quarter valued at $206,000. Jane Street Group LLC purchased a new stake in Invesco KBW Premium Yield Equity REIT ETF in the third quarter worth $220,000. Lmcg Investments LLC lifted its position in shares of Invesco KBW Premium Yield Equity REIT ETF by 24.9% during the second quarter. Lmcg Investments LLC now owns 19,551 shares of the company’s stock worth $349,000 after purchasing an additional 3,897 shares during the last quarter. Finally, Centaurus Financial Inc. purchased a new stake in shares of Invesco KBW Premium Yield Equity REIT ETF during the third quarter valued at $528,000.

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.