Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Short Interest Down 86.0% in March

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) was the target of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 26,400 shares, a drop of 86.0% from the February 28th total of 189,100 shares. Based on an average daily trading volume, of 53,100 shares, the short-interest ratio is currently 0.5 days. Currently, 1.3% of the company’s shares are short sold.

Invesco International BuyBack Achievers ETF Stock Down 1.3 %

NASDAQ:IPKW traded down $0.62 during mid-day trading on Friday, reaching $45.81. 35,834 shares of the stock were exchanged, compared to its average volume of 30,867. The stock has a market capitalization of $93.91 million, a P/E ratio of 11.33 and a beta of 0.93. Invesco International BuyBack Achievers ETF has a 1 year low of $37.96 and a 1 year high of $48.46. The company has a 50 day simple moving average of $44.34 and a 200-day simple moving average of $42.33.

Invesco International BuyBack Achievers ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be given a $0.4852 dividend. The ex-dividend date of this dividend is Monday, March 24th.

Institutional Investors Weigh In On Invesco International BuyBack Achievers ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Synergy Asset Management LLC purchased a new position in Invesco International BuyBack Achievers ETF in the 4th quarter worth about $40,000. Jones Financial Companies Lllp raised its holdings in shares of Invesco International BuyBack Achievers ETF by 1,026.1% in the 4th quarter. Jones Financial Companies Lllp now owns 3,153 shares of the company’s stock worth $125,000 after buying an additional 2,873 shares in the last quarter. Stifel Financial Corp acquired a new stake in Invesco International BuyBack Achievers ETF in the 3rd quarter valued at about $212,000. Breakwater Capital Group bought a new stake in shares of Invesco International BuyBack Achievers ETF during the 4th quarter valued at $237,000. Finally, Citadel Advisors LLC acquired a new position in shares of Invesco International BuyBack Achievers ETF in the 4th quarter valued at $902,000.

About Invesco International BuyBack Achievers ETF

The Invesco International BuyBack Achievers ETF (IPKW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a modified market-cap-weighted index of global ex-US companies that have reduced their outstanding shares by at least 5% in the past year. IPKW was launched on Mar 6, 2014 and is managed by Invesco.