Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Sees Large Decrease in Short Interest

Invesco KBW Regional Banking ETF (NASDAQ:KBWR) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totaling 12,562 shares, a decrease of 19.8% from the December 15th total of 15,656 shares. Based on an average daily volume of 3,013 shares, the short-interest ratio is presently 4.2 days. Approximately 1.6% of the company’s stock are short sold. Approximately 1.6% of the company’s stock are short sold. Based on an average daily volume of 3,013 shares, the short-interest ratio is presently 4.2 days.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in KBWR. Raymond James Financial Inc. bought a new position in Invesco KBW Regional Banking ETF during the second quarter valued at approximately $43,000. Osaic Holdings Inc. boosted its holdings in shares of Invesco KBW Regional Banking ETF by 46.5% during the second quarter. Osaic Holdings Inc. now owns 3,622 shares of the company’s stock worth $209,000 after purchasing an additional 1,149 shares during the period. Jane Street Group LLC purchased a new stake in Invesco KBW Regional Banking ETF in the 1st quarter worth approximately $302,000. Meritage Portfolio Management raised its holdings in Invesco KBW Regional Banking ETF by 4.3% in the 2nd quarter. Meritage Portfolio Management now owns 10,180 shares of the company’s stock worth $588,000 after purchasing an additional 420 shares in the last quarter. Finally, Byrne Financial Freedom LLC lifted its position in shares of Invesco KBW Regional Banking ETF by 3.2% in the 2nd quarter. Byrne Financial Freedom LLC now owns 63,642 shares of the company’s stock worth $3,678,000 after purchasing an additional 1,981 shares during the period.

Invesco KBW Regional Banking ETF Trading Down 0.5%

Shares of NASDAQ KBWR traded down $0.35 during midday trading on Monday, hitting $64.91. The company’s stock had a trading volume of 7,011 shares, compared to its average volume of 3,801. Invesco KBW Regional Banking ETF has a one year low of $46.85 and a one year high of $65.55. The firm has a market capitalization of $51.28 million, a price-to-earnings ratio of 13.81 and a beta of 0.87. The stock has a fifty day moving average price of $62.10 and a 200 day moving average price of $60.87.

Invesco KBW Regional Banking ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were issued a dividend of $0.448 per share. This is a positive change from Invesco KBW Regional Banking ETF’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $1.79 dividend on an annualized basis and a yield of 2.8%.

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.