Short Interest in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Decreases By 99.3%

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) saw a significant drop in short interest during the month of August. As of August 15th, there was short interest totalling 1,500 shares, a drop of 99.3% from the July 31st total of 212,600 shares. Based on an average daily volume of 17,000 shares, the days-to-cover ratio is currently 0.1 days.

Invesco International BuyBack Achievers ETF Stock Up 0.5 %

Shares of Invesco International BuyBack Achievers ETF stock opened at $42.49 on Wednesday. The company has a market cap of $93.48 million, a PE ratio of 10.12 and a beta of 0.93. The business has a 50 day moving average of $40.77 and a 200 day moving average of $39.96. Invesco International BuyBack Achievers ETF has a 52 week low of $33.19 and a 52 week high of $42.55.

Invesco International BuyBack Achievers ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were paid a dividend of $0.3844 per share. This is a positive change from Invesco International BuyBack Achievers ETF’s previous quarterly dividend of $0.37. The ex-dividend date was Monday, June 24th. This represents a $1.54 dividend on an annualized basis and a dividend yield of 3.62%.

Institutional Trading of Invesco International BuyBack Achievers ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Envestnet Asset Management Inc. purchased a new position in shares of Invesco International BuyBack Achievers ETF in the 2nd quarter valued at approximately $12,008,000. Brookstone Capital Management boosted its holdings in shares of Invesco International BuyBack Achievers ETF by 12.6% during the 2nd quarter. Brookstone Capital Management now owns 102,360 shares of the company’s stock valued at $4,267,000 after buying an additional 11,423 shares in the last quarter. Financial Enhancement Group LLC grew its position in shares of Invesco International BuyBack Achievers ETF by 4.0% in the 2nd quarter. Financial Enhancement Group LLC now owns 64,831 shares of the company’s stock worth $2,596,000 after buying an additional 2,511 shares during the period. Cetera Investment Advisers bought a new position in shares of Invesco International BuyBack Achievers ETF in the 2nd quarter worth about $2,350,000. Finally, Park Edge Advisors LLC lifted its position in Invesco International BuyBack Achievers ETF by 16.1% during the 2nd quarter. Park Edge Advisors LLC now owns 42,839 shares of the company’s stock valued at $1,713,000 after acquiring an additional 5,942 shares during the period.

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.