Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Short Interest Up 66.7% in April

Invesco KBW Regional Banking ETF (NASDAQ:KBWRGet Rating) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totalling 500 shares, an increase of 66.7% from the April 15th total of 300 shares. Based on an average daily trading volume, of 10,900 shares, the days-to-cover ratio is currently 0.0 days.

Shares of KBWR stock opened at $55.26 on Friday. Invesco KBW Regional Banking ETF has a 1-year low of $53.99 and a 1-year high of $70.14. The stock’s fifty day moving average price is $59.74 and its 200 day moving average price is $63.04.

A number of hedge funds have recently made changes to their positions in the stock. Advisor Group Holdings Inc. grew its stake in Invesco KBW Regional Banking ETF by 4.0% during the 4th quarter. Advisor Group Holdings Inc. now owns 8,583 shares of the company’s stock worth $540,000 after buying an additional 330 shares during the last quarter. Raymond James & Associates grew its stake in Invesco KBW Regional Banking ETF by 4.1% during the 4th quarter. Raymond James & Associates now owns 8,850 shares of the company’s stock worth $557,000 after buying an additional 347 shares during the last quarter. Avantax Advisory Services Inc. grew its stake in Invesco KBW Regional Banking ETF by 11.7% during the 4th quarter. Avantax Advisory Services Inc. now owns 4,775 shares of the company’s stock worth $301,000 after buying an additional 500 shares during the last quarter. Brown Advisory Inc. grew its stake in Invesco KBW Regional Banking ETF by 3.6% during the 4th quarter. Brown Advisory Inc. now owns 34,355 shares of the company’s stock worth $2,164,000 after buying an additional 1,205 shares during the last quarter. Finally, CWM LLC purchased a new position in Invesco KBW Regional Banking ETF during the 1st quarter worth $98,000.

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