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

Invesco KBW Regional Banking ETF (NASDAQ:KBWR) was the target of a significant increase in short interest in February. As of February 13th, there was short interest totaling 17,511 shares, an increase of 52.6% from the January 29th total of 11,476 shares. Approximately 2.3% of the shares of the company are sold short. Based on an average daily trading volume, of 6,984 shares, the days-to-cover ratio is currently 2.5 days. Based on an average daily trading volume, of 6,984 shares, the days-to-cover ratio is currently 2.5 days. Approximately 2.3% of the shares of the company are sold short.

Institutional Trading of Invesco KBW Regional Banking ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Cherry Tree Wealth Management LLC bought a new stake in shares of Invesco KBW Regional Banking ETF during the 4th quarter valued at $31,000. Raymond James Financial Inc. bought a new position in shares of Invesco KBW Regional Banking ETF in the second quarter worth about $43,000. Kestra Advisory Services LLC bought a new position in shares of Invesco KBW Regional Banking ETF in the fourth quarter worth about $74,000. SOL Capital Management CO purchased a new stake in shares of Invesco KBW Regional Banking ETF during the fourth quarter worth about $203,000. Finally, Osaic Holdings Inc. raised its stake in Invesco KBW Regional Banking ETF by 46.5% during the 2nd quarter. Osaic Holdings Inc. now owns 3,622 shares of the company’s stock valued at $209,000 after purchasing an additional 1,149 shares during the period.

Invesco KBW Regional Banking ETF Stock Down 0.6%

KBWR stock opened at $73.00 on Friday. Invesco KBW Regional Banking ETF has a twelve month low of $46.85 and a twelve month high of $71.50. The stock has a market cap of $56.21 million, a P/E ratio of 13.81 and a beta of 0.87. The business’s 50-day moving average price is $66.30 and its 200-day moving average price is $62.64.

Invesco KBW Regional Banking ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a dividend of $0.448 per share. This represents a $1.79 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date was Monday, December 22nd. This is a positive change from Invesco KBW Regional Banking ETF’s previous quarterly dividend of $0.40.

Invesco KBW Regional Banking ETF Company Profile

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.