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

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) was the recipient of a large 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 daily volume of 117,800 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in KBWY. Lmcg Investments LLC raised its holdings in Invesco KBW Premium Yield Equity REIT ETF by 54.7% in the fourth quarter. Lmcg Investments LLC now owns 32,346 shares of the company’s stock worth $579,000 after purchasing an additional 11,438 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 801.0% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 12,308 shares of the company’s stock worth $220,000 after acquiring an additional 10,942 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Invesco KBW Premium Yield Equity REIT ETF in the 3rd quarter worth about $220,000. Centaurus Financial Inc. purchased a new position in Invesco KBW Premium Yield Equity REIT ETF during the 3rd quarter valued at about $528,000. Finally, Petix & Botte Co bought a new stake in Invesco KBW Premium Yield Equity REIT ETF during the third quarter worth about $206,000.

Invesco KBW Premium Yield Equity REIT ETF Stock Performance

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

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

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

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.