Short Interest in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Rises By 65.0%

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) saw a significant growth in short interest in February. As of February 28th, there was short interest totalling 189,100 shares, a growth of 65.0% from the February 13th total of 114,600 shares. Based on an average daily trading volume, of 46,200 shares, the short-interest ratio is presently 4.1 days. Approximately 9.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On Invesco International BuyBack Achievers ETF

Hedge funds have recently added to or reduced their stakes in the company. Synergy Asset Management LLC bought a new position in shares of Invesco International BuyBack Achievers ETF in the fourth quarter valued at approximately $40,000. Jones Financial Companies Lllp increased its holdings in Invesco International BuyBack Achievers ETF by 1,026.1% during the fourth quarter. Jones Financial Companies Lllp now owns 3,153 shares of the company’s stock worth $125,000 after buying an additional 2,873 shares during the last quarter. Stifel Financial Corp bought a new stake in shares of Invesco International BuyBack Achievers ETF in the 3rd quarter worth approximately $212,000. Breakwater Capital Group purchased a new position in shares of Invesco International BuyBack Achievers ETF during the 4th quarter valued at $237,000. Finally, Citadel Advisors LLC purchased a new position in shares of Invesco International BuyBack Achievers ETF in the fourth quarter worth about $902,000.

Invesco International BuyBack Achievers ETF Price Performance

NASDAQ:IPKW opened at $46.52 on Monday. The company has a market cap of $95.37 million, a PE ratio of 11.37 and a beta of 0.93. Invesco International BuyBack Achievers ETF has a one year low of $37.96 and a one year high of $46.88. The firm’s 50 day simple moving average is $43.11 and its 200 day simple moving average is $42.02.

Invesco International BuyBack Achievers ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a dividend of $0.5183 per share. The ex-dividend date was Monday, December 23rd.

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.