Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Short Interest Up 72.8% in February

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) was the target of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 64,800 shares, a growth of 72.8% from the February 13th total of 37,500 shares. Based on an average daily volume of 131,300 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.5% of the company’s stock are short sold.

Hedge Funds Weigh In On Invesco KBW Premium Yield Equity REIT ETF

A number of institutional investors have recently modified their holdings of KBWY. Raymond James Financial Inc. bought a new stake in Invesco KBW Premium Yield Equity REIT ETF during the 4th quarter valued at $2,729,000. Fifth Third Securities Inc. lifted its position in Invesco KBW Premium Yield Equity REIT ETF by 80.2% in the 4th quarter. Fifth Third Securities Inc. now owns 217,040 shares of the company’s stock valued at $3,887,000 after acquiring an additional 96,603 shares in the last quarter. RPS Advisory Solutions LLC acquired a new position in Invesco KBW Premium Yield Equity REIT ETF during the 4th quarter valued at about $1,651,000. Wells Fargo & Company MN raised its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 80.3% in the fourth quarter. Wells Fargo & Company MN now owns 153,326 shares of the company’s stock worth $2,746,000 after purchasing an additional 68,300 shares during the last quarter. Finally, Two Sigma Investments LP lifted its holdings in shares of Invesco KBW Premium Yield Equity REIT ETF by 143.8% in the fourth quarter. Two Sigma Investments LP now owns 102,647 shares of the company’s stock valued at $1,838,000 after purchasing an additional 60,547 shares in the last quarter.

Invesco KBW Premium Yield Equity REIT ETF Stock Performance

Shares of NASDAQ KBWY traded up $0.36 during trading on Friday, hitting $16.98. 101,977 shares of the company traded hands, compared to its average volume of 100,763. The business’s fifty day moving average is $17.43 and its 200 day moving average is $19.11. The firm has a market capitalization of $211.91 million, a price-to-earnings ratio of 10.37 and a beta of 1.25. Invesco KBW Premium Yield Equity REIT ETF has a fifty-two week low of $16.60 and a fifty-two week high of $21.86.

Invesco KBW Premium Yield Equity REIT ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were paid a $0.1262 dividend. The ex-dividend date of this dividend was Monday, February 24th. This is a boost from Invesco KBW Premium Yield Equity REIT ETF’s previous dividend of $0.13.

About Invesco KBW Premium Yield Equity REIT ETF

The Invesco KBW Premium Yield Equity REIT ETF (KBWY) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks a dividend-yield-weighted index of small- and mid-cap equity REITs. KBWY was launched on Dec 2, 2010 and is managed by Invesco.