Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Short Interest Up 9.5% in January

Invesco KBW Regional Banking ETF (NASDAQ:KBWR) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 12,700 shares, a growth of 9.5% from the January 15th total of 11,600 shares. Based on an average daily trading volume, of 5,400 shares, the short-interest ratio is currently 2.4 days.

Invesco KBW Regional Banking ETF Stock Performance

Shares of KBWR opened at $62.81 on Tuesday. The company has a 50-day simple moving average of $61.83 and a 200-day simple moving average of $59.81. The firm has a market capitalization of $57.15 million, a P/E ratio of 9.98 and a beta of 1.05. Invesco KBW Regional Banking ETF has a 52 week low of $46.02 and a 52 week high of $69.75.

Invesco KBW Regional Banking ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a $0.4104 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Trading of Invesco KBW Regional Banking ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE increased its stake in Invesco KBW Regional Banking ETF by 41.0% in the fourth quarter. Bank of America Corp DE now owns 37,558 shares of the company’s stock valued at $2,246,000 after acquiring an additional 10,914 shares during the period. Two Sigma Securities LLC bought a new stake in Invesco KBW Regional Banking ETF during the fourth quarter worth about $222,000. LPL Financial LLC grew its stake in Invesco KBW Regional Banking ETF by 1.9% during the fourth quarter. LPL Financial LLC now owns 19,706 shares of the company’s stock worth $1,178,000 after buying an additional 366 shares during the last quarter. TruNorth Capital Management LLC bought a new stake in Invesco KBW Regional Banking ETF during the fourth quarter worth about $143,000. Finally, Meritage Portfolio Management grew its stake in Invesco KBW Regional Banking ETF by 12.3% during the fourth quarter. Meritage Portfolio Management now owns 10,170 shares of the company’s stock worth $608,000 after buying an additional 1,115 shares during the last quarter.

Invesco KBW Regional Banking ETF Company Profile

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.