Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Short Interest Down 22.9% in January

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) was the recipient of a large decrease in short interest in January. As of January 31st, there was short interest totalling 32,000 shares, a decrease of 22.9% from the January 15th total of 41,500 shares. Based on an average daily trading volume, of 130,700 shares, the days-to-cover ratio is presently 0.2 days.

Invesco KBW Premium Yield Equity REIT ETF Stock Down 0.7 %

KBWY stock opened at $17.36 on Monday. The company has a market cap of $216.65 million, a P/E ratio of 17.25 and a beta of 1.25. Invesco KBW Premium Yield Equity REIT ETF has a twelve month low of $16.79 and a twelve month high of $21.86. The business’s fifty day moving average is $17.89 and its 200-day moving average is $19.44.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 24th. Investors of record on Tuesday, January 21st were paid a dividend of $0.1262 per share. The ex-dividend date of this dividend was Tuesday, January 21st.

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

Several hedge funds have recently modified their holdings of KBWY. Synergy Asset Management LLC acquired a new stake in Invesco KBW Premium Yield Equity REIT ETF during the fourth quarter worth approximately $27,000. Crews Bank & Trust acquired a new stake in Invesco KBW Premium Yield Equity REIT ETF during the fourth quarter worth approximately $55,000. Jones Financial Companies Lllp raised its position 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 valued at $62,000 after buying an additional 1,592 shares in the last quarter. Silver Oak Securities Incorporated acquired a new stake in shares of Invesco KBW Premium Yield Equity REIT ETF in the fourth quarter valued at approximately $204,000. Finally, Petix & Botte Co acquired a new stake in shares of Invesco KBW Premium Yield Equity REIT ETF in the third quarter valued at approximately $206,000.

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.