Invesco BuyBack Achievers ETF (NASDAQ:PKW) Short Interest Up 164.7% in June

Invesco BuyBack Achievers ETF (NASDAQ:PKW) saw a significant increase in short interest in June. As of June 30th, there was short interest totalling 4,500 shares, an increase of 164.7% from the June 15th total of 1,700 shares. Based on an average daily trading volume, of 14,400 shares, the short-interest ratio is currently 0.3 days.

Invesco BuyBack Achievers ETF Stock Up 1.0 %

Shares of NASDAQ:PKW traded up $1.02 during trading on Friday, reaching $105.27. 9,657 shares of the company traded hands, compared to its average volume of 19,067. The firm has a market capitalization of $1.11 billion, a PE ratio of 12.93 and a beta of 1.09. Invesco BuyBack Achievers ETF has a 52 week low of $84.19 and a 52 week high of $108.33. The company’s 50 day moving average is $103.90 and its two-hundred day moving average is $102.78.

Invesco BuyBack Achievers ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were given a dividend of $0.2245 per share. The ex-dividend date was Monday, June 24th. This represents a $0.90 annualized dividend and a yield of 0.85%.

Institutional Investors Weigh In On Invesco BuyBack Achievers ETF

Large investors have recently bought and sold shares of the company. Hazlett Burt & Watson Inc. bought a new stake in shares of Invesco BuyBack Achievers ETF during the 1st quarter worth approximately $29,000. Russell Investments Group Ltd. bought a new stake in Invesco BuyBack Achievers ETF during the first quarter worth $32,000. CENTRAL TRUST Co acquired a new stake in shares of Invesco BuyBack Achievers ETF in the 4th quarter valued at $51,000. Fortitude Family Office LLC bought a new position in shares of Invesco BuyBack Achievers ETF in the 4th quarter valued at $88,000. Finally, Advisory Services Network LLC acquired a new position in shares of Invesco BuyBack Achievers ETF during the 4th quarter worth $169,000.

About Invesco BuyBack Achievers ETF

PowerShares Buyback Achievers Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Share BuyBack Achievers Index (the Index). The Index is designed to track the performance of companies that meet the requirements to be classified as BuyBack Achievers. To become eligible for inclusion in the Index, a company must be incorporated in the United States, trade on a United States exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months.