Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Short Interest Update

Invesco KBW Regional Banking ETF (NASDAQ:KBWR) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 15,700 shares, a growth of 5.4% from the September 30th total of 14,900 shares. Based on an average daily volume of 4,600 shares, the days-to-cover ratio is currently 3.4 days.

Institutional Investors Weigh In On Invesco KBW Regional Banking ETF

A hedge fund recently bought a new stake in Invesco KBW Regional Banking ETF stock. Private Advisor Group LLC purchased a new stake in shares of Invesco KBW Regional Banking ETF (NASDAQ:KBWR) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 9,691 shares of the company’s stock, valued at approximately $549,000. Private Advisor Group LLC owned approximately 1.08% of Invesco KBW Regional Banking ETF at the end of the most recent quarter.

Invesco KBW Regional Banking ETF Price Performance

Shares of NASDAQ:KBWR opened at $58.06 on Friday. Invesco KBW Regional Banking ETF has a one year low of $42.30 and a one year high of $60.45. The company has a market cap of $52.25 million, a price-to-earnings ratio of 9.98 and a beta of 1.05. The firm has a 50 day simple moving average of $56.90 and a 200 day simple moving average of $53.04.

Invesco KBW Regional Banking ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a $0.401 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.76%. This is a boost from Invesco KBW Regional Banking ETF’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Monday, September 23rd.

About Invesco KBW Regional Banking ETF

The Invesco KBW Regional Banking ETF (KBWR) is an exchange-traded fund that is based on the KBW Nasdaq Regional Banking index, a modified market-cap-weighted index focused exclusively on regional banking firms in the US. KBWR was launched on Nov 1, 2011 and is managed by Invesco.