Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Short Interest Up 123.6% in December

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) saw a significant increase in short interest in December. As of December 15th, there was short interest totalling 36,000 shares, an increase of 123.6% from the November 30th total of 16,100 shares. Based on an average trading volume of 20,800 shares, the short-interest ratio is currently 1.7 days.

Invesco International BuyBack Achievers ETF Trading Up 0.3 %

Shares of IPKW traded up $0.12 on Friday, reaching $39.73. The company’s stock had a trading volume of 4,887 shares, compared to its average volume of 18,407. Invesco International BuyBack Achievers ETF has a twelve month low of $35.69 and a twelve month high of $43.17. The stock has a market capitalization of $89.39 million, a PE ratio of 10.12 and a beta of 0.93. The firm has a fifty day moving average of $41.12 and a 200-day moving average of $41.22.

Invesco International BuyBack Achievers ETF Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, December 27th. Stockholders of record on Monday, December 23rd will be issued a $0.5183 dividend. The ex-dividend date is Monday, December 23rd.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of IPKW. Financial Enhancement Group LLC lifted its stake in Invesco International BuyBack Achievers ETF by 4.0% during the 2nd quarter. Financial Enhancement Group LLC now owns 64,831 shares of the company’s stock valued at $2,596,000 after acquiring an additional 2,511 shares in the last quarter. Cetera Investment Advisers bought a new position in shares of Invesco International BuyBack Achievers ETF during the second quarter valued at about $2,350,000. Envestnet Asset Management Inc. bought a new position in shares of Invesco International BuyBack Achievers ETF during the second quarter valued at about $12,008,000. Brookstone Capital Management boosted its holdings in Invesco International BuyBack Achievers ETF by 3.6% during the third quarter. Brookstone Capital Management now owns 105,999 shares of the company’s stock worth $4,540,000 after purchasing an additional 3,639 shares during the last quarter. Finally, Essex Financial Services Inc. purchased a new stake in Invesco International BuyBack Achievers ETF in the 2nd quarter valued at about $332,000.

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.