Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Short Interest Up 263.3% in July

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) was the target of a large growth in short interest in July. As of July 31st, there was short interest totaling 344,646 shares, a growth of 263.3% from the July 15th total of 94,866 shares. Based on an average daily volume of 151,474 shares, the days-to-cover ratio is currently 2.3 days. Currently, 2.0% of the company’s shares are sold short.

Institutional Trading of Invesco KBW Premium Yield Equity REIT ETF

Several large investors have recently bought and sold shares of the company. Advisory Services Network LLC bought a new stake in Invesco KBW Premium Yield Equity REIT ETF during the 3rd quarter valued at approximately $61,000. Fifth Third Bancorp bought a new position in shares of Invesco KBW Premium Yield Equity REIT ETF in the 1st quarter worth approximately $78,000. Royal Bank of Canada raised its position in shares of Invesco KBW Premium Yield Equity REIT ETF by 45.8% in the 1st quarter. Royal Bank of Canada now owns 5,195 shares of the company’s stock worth $79,000 after acquiring an additional 1,632 shares in the last quarter. Comerica Bank lifted its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 22.8% in the 1st quarter. Comerica Bank now owns 5,241 shares of the company’s stock valued at $87,000 after purchasing an additional 974 shares during the period. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in shares of Invesco KBW Premium Yield Equity REIT ETF in the 4th quarter valued at approximately $91,000.

Invesco KBW Premium Yield Equity REIT ETF Trading Up 1.0%

NASDAQ:KBWY opened at $17.98 on Thursday. The company has a 50-day moving average price of $18.41 and a 200-day moving average price of $17.08. The stock has a market cap of $306.56 million, a price-to-earnings ratio of 22.41 and a beta of 0.99. Invesco KBW Premium Yield Equity REIT ETF has a 12 month low of $14.81 and a 12 month high of $19.35.

Invesco KBW Premium Yield Equity REIT ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were paid a $0.12 dividend. The ex-dividend date of this dividend was Monday, July 20th.

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.