Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Short Interest Update

Invesco KBW Regional Banking ETF (NASDAQ:KBWR) saw a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 23,600 shares, a growth of 9.8% from the October 15th total of 21,500 shares. Based on an average daily volume of 8,200 shares, the short-interest ratio is presently 2.9 days.

Institutional Trading of Invesco KBW Regional Banking ETF

A number of hedge funds have recently made changes to their positions in KBWR. Davidson Investment Advisors bought a new stake in Invesco KBW Regional Banking ETF in the 2nd quarter valued at $2,852,000. Jane Street Group LLC raised its position in shares of Invesco KBW Regional Banking ETF by 307.5% in the second quarter. Jane Street Group LLC now owns 52,681 shares of the company’s stock valued at $2,813,000 after purchasing an additional 39,754 shares during the period. Royal Bank of Canada lifted its stake in shares of Invesco KBW Regional Banking ETF by 832.3% during the 3rd quarter. Royal Bank of Canada now owns 27,539 shares of the company’s stock worth $1,206,000 after buying an additional 24,585 shares during the last quarter. Private Advisor Group LLC bought a new stake in shares of Invesco KBW Regional Banking ETF during the 3rd quarter worth about $819,000. Finally, Raymond James & Associates grew its stake in Invesco KBW Regional Banking ETF by 198.8% in the 1st quarter. Raymond James & Associates now owns 26,447 shares of the company’s stock valued at $1,622,000 after buying an additional 17,597 shares during the last quarter.

Invesco KBW Regional Banking ETF Stock Up 1.3 %

Shares of KBWR stock traded up $0.63 on Friday, reaching $47.35. The stock had a trading volume of 14,681 shares, compared to its average volume of 16,237. Invesco KBW Regional Banking ETF has a 12 month low of $37.49 and a 12 month high of $62.54. The firm has a market capitalization of $54.45 million, a price-to-earnings ratio of 10.36 and a beta of 1.05. The firm’s 50-day moving average is $43.68 and its two-hundred day moving average is $44.86.

Invesco KBW Regional Banking ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 22nd. Shareholders of record on Tuesday, September 19th were paid a $0.4167 dividend. The ex-dividend date was Monday, September 18th. This represents a $1.67 annualized dividend and a yield of 3.52%.

About Invesco KBW Regional Banking ETF

The Invesco KBW Regional Banking ETF (KBWR) is an exchange-traded fund that is based on the KBW Nasdaq Regional Banking index, a modified market-cap-weighted index focused exclusively on regional banking firms in the US. KBWR was launched on Nov 1, 2011 and is managed by Invesco.