Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Short Interest Update

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 49,400 shares, a growth of 648.5% from the June 15th total of 6,600 shares. Based on an average trading volume of 73,800 shares, the short-interest ratio is currently 0.7 days.

Invesco KBW Premium Yield Equity REIT ETF Price Performance

Shares of KBWY stock traded up $0.70 during trading on Thursday, reaching $18.70. The company’s stock had a trading volume of 145,341 shares, compared to its average volume of 79,214. The company has a market capitalization of $202.71 million, a price-to-earnings ratio of 17.25 and a beta of 1.25. The stock’s 50-day moving average price is $17.63 and its 200 day moving average price is $17.92. Invesco KBW Premium Yield Equity REIT ETF has a 1-year low of $15.93 and a 1-year high of $20.64.

Invesco KBW Premium Yield Equity REIT ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were issued a dividend of $0.132 per share. This represents a $1.58 annualized dividend and a yield of 8.47%. The ex-dividend date of this dividend was Monday, June 24th. This is a boost from Invesco KBW Premium Yield Equity REIT ETF’s previous monthly dividend of $0.13.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. TAP Consulting LLC grew its holdings in Invesco KBW Premium Yield Equity REIT ETF by 8.1% during the 1st quarter. TAP Consulting LLC now owns 306,718 shares of the company’s stock worth $5,536,000 after acquiring an additional 22,887 shares in the last quarter. Clear Creek Financial Management LLC boosted its holdings in shares of Invesco KBW Premium Yield Equity REIT ETF by 120.2% in the 1st quarter. Clear Creek Financial Management LLC now owns 26,414 shares of the company’s stock valued at $477,000 after buying an additional 14,419 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of Invesco KBW Premium Yield Equity REIT ETF in the 4th quarter valued at $407,000. Lmcg Investments LLC acquired a new position in shares of Invesco KBW Premium Yield Equity REIT ETF in the 4th quarter valued at $283,000. Finally, Sandbox Financial Partners LLC acquired a new position in shares of Invesco KBW Premium Yield Equity REIT ETF in the 1st quarter valued at $192,000.

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.