Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Short Interest Up 38,850.0% in April

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 77,900 shares, a growth of 38,850.0% from the March 31st total of 200 shares. Based on an average daily volume of 20,300 shares, the days-to-cover ratio is presently 3.8 days.

Invesco International BuyBack Achievers ETF Stock Up 0.0 %

Shares of IPKW opened at $39.59 on Friday. The stock has a 50 day moving average price of $38.91 and a 200 day moving average price of $36.94. The company has a market capitalization of $91.05 million, a price-to-earnings ratio of 9.86 and a beta of 0.80. Invesco International BuyBack Achievers ETF has a 52-week low of $32.79 and a 52-week high of $40.64.

Invesco International BuyBack Achievers ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were issued a $0.3724 dividend. This represents a $1.49 annualized dividend and a dividend yield of 3.76%. The ex-dividend date was Monday, March 18th.

Institutional Investors Weigh In On Invesco International BuyBack Achievers ETF

Several large investors have recently modified their holdings of the company. Financial Enhancement Group LLC boosted its holdings in shares of Invesco International BuyBack Achievers ETF by 1.8% in the first quarter. Financial Enhancement Group LLC now owns 62,320 shares of the company’s stock valued at $2,445,000 after acquiring an additional 1,096 shares during the period. Brookstone Capital Management boosted its holdings in shares of Invesco International BuyBack Achievers ETF by 3.2% in the fourth quarter. Brookstone Capital Management now owns 85,668 shares of the company’s stock valued at $3,206,000 after acquiring an additional 2,617 shares during the period. ProVise Management Group LLC acquired a new stake in shares of Invesco International BuyBack Achievers ETF during the third quarter worth $204,000. Park Avenue Securities LLC acquired a new stake in shares of Invesco International BuyBack Achievers ETF during the third quarter worth $255,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Invesco International BuyBack Achievers ETF during the third quarter worth $275,000.

About Invesco International BuyBack Achievers ETF

The Invesco International BuyBack Achievers ETF (IPKW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a modified market-cap-weighted index of global ex-US companies that have reduced their outstanding shares by at least 5% in the past year. IPKW was launched on Mar 6, 2014 and is managed by Invesco.