Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Short Interest Down 59.4% in December

Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 14,500 shares, a drop of 59.4% from the November 30th total of 35,700 shares. Based on an average daily trading volume, of 112,500 shares, the short-interest ratio is currently 0.1 days.

Invesco KBW Premium Yield Equity REIT ETF Stock Down 1.7 %

KBWY traded down $0.31 during trading on Friday, reaching $17.78. 300,816 shares of the stock traded hands, compared to its average volume of 92,634. The stock’s 50-day moving average is $19.56 and its 200 day moving average is $19.66. Invesco KBW Premium Yield Equity REIT ETF has a 12 month low of $16.79 and a 12 month high of $21.86. The stock has a market capitalization of $220.29 million, a PE ratio of 17.25 and a beta of 1.25.

Invesco KBW Premium Yield Equity REIT ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.1263 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On Invesco KBW Premium Yield Equity REIT ETF

Several large investors have recently added to or reduced their stakes in the business. Centaurus Financial Inc. acquired a new position in Invesco KBW Premium Yield Equity REIT ETF in the third quarter valued at approximately $528,000. TAP Consulting LLC increased its stake in shares of Invesco KBW Premium Yield Equity REIT ETF by 7.2% in the 2nd quarter. TAP Consulting LLC now owns 328,692 shares of the company’s stock valued at $5,861,000 after acquiring an additional 21,974 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Invesco KBW Premium Yield Equity REIT ETF during the 3rd quarter valued at $220,000. Petix & Botte Co bought a new position in Invesco KBW Premium Yield Equity REIT ETF during the third quarter worth $206,000. Finally, Lmcg Investments LLC grew its holdings in Invesco KBW Premium Yield Equity REIT ETF by 24.9% in the second quarter. Lmcg Investments LLC now owns 19,551 shares of the company’s stock worth $349,000 after purchasing an additional 3,897 shares during the period.

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.