Short Interest in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Drops By 80.0%

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) saw a significant drop in short interest in August. As of August 31st, there was short interest totalling 300 shares, a drop of 80.0% from the August 15th total of 1,500 shares. Based on an average daily trading volume, of 16,700 shares, the short-interest ratio is presently 0.0 days.

Invesco International BuyBack Achievers ETF Stock Up 1.0 %

Shares of IPKW stock traded up $0.41 on Thursday, reaching $41.45. The company’s stock had a trading volume of 8,011 shares, compared to its average volume of 16,392. Invesco International BuyBack Achievers ETF has a 12-month low of $33.19 and a 12-month high of $42.55. The company has a market capitalization of $91.19 million, a P/E ratio of 10.12 and a beta of 0.93. The stock’s 50 day simple moving average is $41.09 and its 200-day simple moving average is $40.30.

Invesco International BuyBack Achievers ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were given a $0.3844 dividend. This represents a $1.54 dividend on an annualized basis and a dividend yield of 3.71%. The ex-dividend date of this dividend was Monday, June 24th. This is an increase from Invesco International BuyBack Achievers ETF’s previous quarterly dividend of $0.37.

Institutional Investors Weigh In On Invesco International BuyBack Achievers ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Insight Advisors LLC PA raised its position in shares of Invesco International BuyBack Achievers ETF by 5.7% in the first quarter. Insight Advisors LLC PA now owns 7,159 shares of the company’s stock worth $284,000 after buying an additional 383 shares in the last quarter. Financial Enhancement Group LLC raised its position in Invesco International BuyBack Achievers ETF by 1.8% during the first quarter. Financial Enhancement Group LLC now owns 62,320 shares of the company’s stock valued at $2,445,000 after purchasing an additional 1,096 shares in the last quarter. Brookstone Capital Management raised its position in Invesco International BuyBack Achievers ETF by 6.2% during the first quarter. Brookstone Capital Management now owns 90,937 shares of the company’s stock valued at $3,613,000 after purchasing an additional 5,269 shares in the last quarter. Park Edge Advisors LLC raised its position in Invesco International BuyBack Achievers ETF by 16.1% during the second quarter. Park Edge Advisors LLC now owns 42,839 shares of the company’s stock valued at $1,713,000 after purchasing an additional 5,942 shares in the last quarter. Finally, Essex Financial Services Inc. purchased a new stake in Invesco International BuyBack Achievers ETF during the second quarter valued at about $332,000.

Invesco International BuyBack Achievers ETF Company Profile

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.