Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Short Interest Up 241.3% in March

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totalling 169,300 shares, an increase of 241.3% from the March 15th total of 49,600 shares. Approximately 1.3% of the company’s shares are sold short. Based on an average daily trading volume, of 149,200 shares, the short-interest ratio is presently 1.1 days.

Institutional Trading of Invesco KBW Premium Yield Equity REIT ETF

A number of hedge funds have recently modified their holdings of KBWY. Anderson Financial Strategies LLC acquired a new stake in Invesco KBW Premium Yield Equity REIT ETF during the 4th quarter worth about $25,000. Synergy Asset Management LLC purchased a new position in Invesco KBW Premium Yield Equity REIT ETF during the fourth quarter valued at approximately $27,000. Crews Bank & Trust purchased a new stake in Invesco KBW Premium Yield Equity REIT ETF in the 4th quarter worth approximately $55,000. Jones Financial Companies Lllp boosted its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 85.2% during the 4th quarter. Jones Financial Companies Lllp now owns 3,461 shares of the company’s stock valued at $62,000 after buying an additional 1,592 shares during the period. Finally, Silver Oak Securities Incorporated acquired a new position in shares of Invesco KBW Premium Yield Equity REIT ETF in the fourth quarter worth $204,000.

Invesco KBW Premium Yield Equity REIT ETF Price Performance

Shares of KBWY opened at $15.15 on Tuesday. Invesco KBW Premium Yield Equity REIT ETF has a one year low of $13.86 and a one year high of $21.86. The company has a 50-day moving average of $16.73 and a two-hundred day moving average of $18.32. The stock has a market cap of $198.01 million, a price-to-earnings ratio of 8.26 and a beta of 1.25.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a dividend of $0.1262 per share. The ex-dividend date was Monday, March 24th.

Invesco KBW Premium Yield Equity REIT ETF Company Profile

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.