Invesco KBW Bank ETF (NASDAQ:KBWB) Short Interest Up 77.2% in January

Posted by Patrick Bannon on Feb 15th, 2025

Invesco KBW Bank ETF (NASDAQ:KBWB – Get Free Report) was the target of a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 3,030,000 shares, an increase of 77.2% from the January 15th total of 1,710,000 shares. Based on an average trading volume of 1,658,600 shares, the short-interest ratio is currently 1.8 days.

Invesco KBW Bank ETF Price Performance

KBWB stock traded up $0.80 during trading hours on Friday, reaching $71.40. 803,605 shares of the stock were exchanged, compared to its average volume of 1,848,600. The firm’s 50-day moving average is $68.26 and its 200-day moving average is $63.64. Invesco KBW Bank ETF has a 12 month low of $48.26 and a 12 month high of $72.39. The company has a market cap of $3.45 billion, a price-to-earnings ratio of 10.69 and a beta of 1.19.

Invesco KBW Bank ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.3601 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Capital Performance Advisors LLP bought a new stake in shares of Invesco KBW Bank ETF during the 3rd quarter worth approximately $29,000. Private Trust Co. NA grew its position in shares of Invesco KBW Bank ETF by 88.7% in the 3rd quarter. Private Trust Co. NA now owns 566 shares of the company’s stock valued at $33,000 after acquiring an additional 266 shares during the period. Synergy Asset Management LLC acquired a new position in shares of Invesco KBW Bank ETF during the 4th quarter worth about $40,000. Thompson Investment Management Inc. bought a new stake in shares of Invesco KBW Bank ETF in the 4th quarter valued at about $54,000. Finally, HM Payson & Co. acquired a new stake in Invesco KBW Bank ETF in the 3rd quarter valued at about $68,000.

About Invesco KBW Bank ETF

(Get Free Report)

The Invesco KBW Bank ETF (KBWB) is an exchange-traded fund that is based on the KBW Nasdaq Bank index, a modified market-cap-weighted index of US banking firms. KBWB was launched on Nov 1, 2011 and is managed by Invesco.