Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Sees Significant Decrease in Short Interest

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) was the target of a significant drop in short interest in January. As of January 15th, there was short interest totalling 9,000 shares, a drop of 75.0% from the December 31st total of 36,000 shares. Based on an average daily volume of 21,500 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in IPKW. Synergy Asset Management LLC bought a new position in shares of Invesco International BuyBack Achievers ETF during the 4th quarter valued at $40,000. Stifel Financial Corp bought a new position in shares of Invesco International BuyBack Achievers ETF during the 3rd quarter valued at approximately $212,000. Breakwater Capital Group bought a new position in shares of Invesco International BuyBack Achievers ETF during the 4th quarter valued at approximately $237,000. Stratos Wealth Advisors LLC increased its holdings in Invesco International BuyBack Achievers ETF by 16.5% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 36,508 shares of the company’s stock worth $1,564,000 after acquiring an additional 5,171 shares in the last quarter. Finally, Cetera Investment Advisers bought a new stake in Invesco International BuyBack Achievers ETF during the 2nd quarter worth approximately $2,350,000.

Invesco International BuyBack Achievers ETF Stock Down 0.5 %

Shares of NASDAQ IPKW traded down $0.20 during mid-day trading on Tuesday, reaching $41.50. 1,691 shares of the company were exchanged, compared to its average volume of 11,087. Invesco International BuyBack Achievers ETF has a 52 week low of $36.03 and a 52 week high of $43.17. The company’s 50 day moving average price is $40.51 and its 200 day moving average price is $41.21. The stock has a market capitalization of $85.06 million, a PE ratio of 10.12 and a beta of 0.93.

Invesco International BuyBack Achievers ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.5183 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco International BuyBack Achievers ETF Company Profile

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.