Short Interest in Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Grows By 72.8%

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 64,800 shares, an increase of 72.8% from the February 13th total of 37,500 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 131,300 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On Invesco KBW Premium Yield Equity REIT ETF

Several hedge funds and other institutional investors have recently bought and sold shares of KBWY. Anderson Financial Strategies LLC acquired a new position in shares of Invesco KBW Premium Yield Equity REIT ETF in the fourth quarter worth $25,000. Synergy Asset Management LLC acquired a new position in shares of Invesco KBW Premium Yield Equity REIT ETF in the fourth quarter worth $27,000. Crews Bank & Trust acquired a new position in shares of Invesco KBW Premium Yield Equity REIT ETF in the fourth quarter worth $55,000. Jones Financial Companies Lllp raised its holdings in shares of Invesco KBW Premium Yield Equity REIT ETF by 85.2% in the fourth quarter. Jones Financial Companies Lllp now owns 3,461 shares of the company’s stock worth $62,000 after acquiring an additional 1,592 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of Invesco KBW Premium Yield Equity REIT ETF in the third quarter worth $220,000.

Invesco KBW Premium Yield Equity REIT ETF Stock Performance

Shares of KBWY stock opened at $16.98 on Monday. The stock has a fifty day moving average price of $17.43 and a 200 day moving average price of $19.10. The stock has a market cap of $211.91 million, a PE ratio of 10.37 and a beta of 1.25. Invesco KBW Premium Yield Equity REIT ETF has a 1 year low of $16.60 and a 1 year high of $21.86.

Invesco KBW Premium Yield Equity REIT ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 28th. Investors of record on Monday, February 24th were issued a dividend of $0.1262 per share. The ex-dividend date was Monday, February 24th. This is a boost from Invesco KBW Premium Yield Equity REIT ETF’s previous dividend of $0.13.

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.