Invesco KBW Regional Banking ETF (NASDAQ:KBWR – Get Free Report) saw a significant decline in short interest in the month of August. As of August 15th, there was short interest totalling 14,500 shares, a decline of 12.7% from the July 31st total of 16,600 shares. Based on an average trading volume of 5,500 shares, the days-to-cover ratio is currently 2.6 days.
Invesco KBW Regional Banking ETF Price Performance
Shares of KBWR stock opened at $57.91 on Monday. The stock has a market capitalization of $57.91 million, a PE ratio of 9.98 and a beta of 1.05. The business’s 50 day simple moving average is $53.73 and its 200 day simple moving average is $50.72. Invesco KBW Regional Banking ETF has a one year low of $39.90 and a one year high of $59.92.
Invesco KBW Regional Banking ETF Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were paid a $0.4008 dividend. This is a positive change from Invesco KBW Regional Banking ETF’s previous quarterly dividend of $0.40. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.77%. The ex-dividend date was Monday, June 24th.
Institutional Investors Weigh In On Invesco KBW Regional Banking ETF
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.
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