Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Short Interest Up 26.9% in December

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 18,400 shares, a growth of 26.9% from the December 15th total of 14,500 shares. Based on an average trading volume of 117,800 shares, the days-to-cover ratio is presently 0.2 days.

Invesco KBW Premium Yield Equity REIT ETF Stock Performance

KBWY stock remained flat at $17.77 during trading on Friday. 77,964 shares of the company traded hands, compared to its average volume of 145,669. The stock has a market capitalization of $224.61 million, a PE ratio of 17.25 and a beta of 1.25. Invesco KBW Premium Yield Equity REIT ETF has a one year low of $16.79 and a one year high of $21.86. The stock has a 50-day simple moving average of $18.76 and a 200 day simple moving average of $19.66.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.1263 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On Invesco KBW Premium Yield Equity REIT ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Lmcg Investments LLC increased its holdings in shares of Invesco KBW Premium Yield Equity REIT ETF by 6.9% in the 3rd quarter. Lmcg Investments LLC now owns 20,908 shares of the company’s stock worth $441,000 after purchasing an additional 1,357 shares in the last quarter. Massmutual Trust Co. FSB ADV purchased a new stake in shares of Invesco KBW Premium Yield Equity REIT ETF during the third quarter valued at $29,000. TAP Consulting LLC increased its holdings in Invesco KBW Premium Yield Equity REIT ETF by 1.7% in the 3rd quarter. TAP Consulting LLC now owns 334,325 shares of the company’s stock worth $7,054,000 after buying an additional 5,633 shares in the last quarter. Petix & Botte Co purchased a new position in Invesco KBW Premium Yield Equity REIT ETF in the 3rd quarter worth about $206,000. Finally, Jane Street Group LLC bought a new position in Invesco KBW Premium Yield Equity REIT ETF during the 3rd quarter valued at about $220,000.

Invesco KBW Premium Yield Equity REIT ETF Company Profile

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.