Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Sees Large Increase in Short Interest

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 189,100 shares, an increase of 65.0% from the February 13th total of 114,600 shares. Based on an average trading volume of 46,200 shares, the short-interest ratio is presently 4.1 days. Currently, 9.2% of the shares of the company are sold short.

Hedge Funds Weigh In On Invesco International BuyBack Achievers ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IPKW. Synergy Asset Management LLC purchased a new stake in shares of Invesco International BuyBack Achievers ETF during the fourth quarter worth about $40,000. Jones Financial Companies Lllp grew its holdings in shares of Invesco International BuyBack Achievers ETF by 1,026.1% during the fourth quarter. Jones Financial Companies Lllp now owns 3,153 shares of the company’s stock worth $125,000 after buying an additional 2,873 shares in the last quarter. Stifel Financial Corp purchased a new stake in shares of Invesco International BuyBack Achievers ETF during the third quarter worth about $212,000. Breakwater Capital Group purchased a new stake in shares of Invesco International BuyBack Achievers ETF during the fourth quarter worth about $237,000. Finally, Citadel Advisors LLC purchased a new stake in shares of Invesco International BuyBack Achievers ETF during the fourth quarter worth about $902,000.

Invesco International BuyBack Achievers ETF Stock Up 2.0 %

Shares of NASDAQ IPKW traded up $0.89 during midday trading on Friday, hitting $46.52. The company had a trading volume of 37,219 shares, compared to its average volume of 49,904. Invesco International BuyBack Achievers ETF has a twelve month low of $37.96 and a twelve month high of $46.88. The business has a 50-day simple moving average of $43.11 and a two-hundred day simple moving average of $42.02. The firm has a market capitalization of $95.37 million, a price-to-earnings ratio of 11.37 and a beta of 0.93.

Invesco International BuyBack Achievers ETF Announces Dividend

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

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.