Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Short Interest Update

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 466,615 shares, a growth of 4,164.8% from the July 15th total of 10,941 shares. Based on an average daily volume of 41,030 shares, the short-interest ratio is presently 11.4 days. Approximately 5.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On Invesco International BuyBack Achievers ETF

Several hedge funds have recently bought and sold shares of the stock. Sarver Vrooman Wealth Advisors purchased a new stake in shares of Invesco International BuyBack Achievers ETF in the fourth quarter valued at $26,000. Allworth Financial LP purchased a new stake in Invesco International BuyBack Achievers ETF during the 3rd quarter worth about $28,000. Fifth Third Bancorp purchased a new stake in Invesco International BuyBack Achievers ETF during the 1st quarter worth about $35,000. Kestra Advisory Services LLC acquired a new position in Invesco International BuyBack Achievers ETF in the 4th quarter valued at about $71,000. Finally, Wells Fargo & Company MN acquired a new position in Invesco International BuyBack Achievers ETF in the 4th quarter valued at about $80,000.

Invesco International BuyBack Achievers ETF Price Performance

IPKW stock opened at $61.62 on Wednesday. The company’s 50 day simple moving average is $58.43 and its 200-day simple moving average is $58.11. Invesco International BuyBack Achievers ETF has a 12 month low of $50.96 and a 12 month high of $61.96. The firm has a market capitalization of $560.74 million, a PE ratio of 10.59 and a beta of 0.63.

Invesco International BuyBack Achievers ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Monday, June 22nd were paid a $0.4504 dividend. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $1.80 dividend on an annualized basis and a yield of 2.9%.

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.