Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Short Interest Down 59.4% in December

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) was the target of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 14,500 shares, a decline of 59.4% from the November 30th total of 35,700 shares. Based on an average daily volume of 112,500 shares, the short-interest ratio is currently 0.1 days.

Invesco KBW Premium Yield Equity REIT ETF Price Performance

NASDAQ KBWY traded down $0.31 during trading on Friday, hitting $17.78. 300,816 shares of the company’s stock traded hands, compared to its average volume of 92,634. The firm has a market cap of $220.29 million, a P/E ratio of 17.25 and a beta of 1.25. The stock has a fifty day moving average of $19.56 and a two-hundred day moving average of $19.65. Invesco KBW Premium Yield Equity REIT ETF has a 12-month low of $16.79 and a 12-month high of $21.86.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

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

Institutional Trading of Invesco KBW Premium Yield Equity REIT ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Massmutual Trust Co. FSB ADV bought a new position in Invesco KBW Premium Yield Equity REIT ETF during the 3rd quarter valued at approximately $29,000. Petix & Botte Co bought a new position in shares of Invesco KBW Premium Yield Equity REIT ETF during the third quarter valued at approximately $206,000. Jane Street Group LLC purchased a new stake in Invesco KBW Premium Yield Equity REIT ETF in the third quarter worth $220,000. Lmcg Investments LLC boosted its holdings in Invesco KBW Premium Yield Equity REIT ETF by 24.9% in the second quarter. Lmcg Investments LLC now owns 19,551 shares of the company’s stock valued at $349,000 after acquiring an additional 3,897 shares in the last quarter. Finally, Centaurus Financial Inc. purchased a new position in Invesco KBW Premium Yield Equity REIT ETF during the 3rd quarter valued at $528,000.

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.