Invesco BuyBack Achievers ETF (NASDAQ:PKW) Stock Short Interest Report for October

Invesco BuyBack Achievers ETF (NASDAQ:PKW) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 1,213 shares, a decrease of 90.0% from the September 30th total of 12,177 shares. Based on an average daily volume of 24,212 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Invesco BuyBack Achievers ETF Trading Down 0.9%

NASDAQ:PKW traded down $1.40 during mid-day trading on Tuesday, hitting $149.10. The company had a trading volume of 5,307 shares, compared to its average volume of 29,645. The business has a fifty day simple moving average of $149.02 and a 200-day simple moving average of $141.18. Invesco BuyBack Achievers ETF has a 1 year low of $125.47 and a 1 year high of $154.72. The firm has a market capitalization of $1.72 billion, a price-to-earnings ratio of 15.13 and a beta of 0.92.

Invesco BuyBack Achievers ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Monday, September 21st were paid a $0.2183 dividend. This represents a $0.87 dividend on an annualized basis and a dividend yield of 0.6%. This is a decrease from Invesco BuyBack Achievers ETF’s previous quarterly dividend of $0.2575. The ex-dividend date was Monday, September 21st.

Institutional Investors Weigh In On Invesco BuyBack Achievers ETF

Hedge funds have recently modified their holdings of the stock. Wealth Enhancement Trust Services Inc. purchased a new position in Invesco BuyBack Achievers ETF in the 3rd quarter worth approximately $37,000. Axiom Investment Management LLC purchased a new stake in shares of Invesco BuyBack Achievers ETF during the first quarter valued at approximately $52,000. United Community Bank purchased a new stake in shares of Invesco BuyBack Achievers ETF during the second quarter valued at approximately $70,000. Marquette Asset Management LLC acquired a new position in shares of Invesco BuyBack Achievers ETF during the third quarter worth $72,000. Finally, Main Street Group LTD acquired a new position in shares of Invesco BuyBack Achievers ETF during the first quarter worth $79,000.

Invesco BuyBack Achievers ETF Company Profile

PowerShares Buyback Achievers Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Share BuyBack Achievers Index (the Index). The Index is designed to track the performance of companies that meet the requirements to be classified as BuyBack Achievers. To become eligible for inclusion in the Index, a company must be incorporated in the United States, trade on a United States exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months.