Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Short Interest Up 80.0% in May

Invesco KBW Regional Banking ETF (NASDAQ:KBWRGet Rating) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 900 shares, an increase of 80.0% from the April 30th total of 500 shares. Based on an average daily volume of 9,800 shares, the days-to-cover ratio is presently 0.1 days.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Morgan Stanley raised its position in Invesco KBW Regional Banking ETF by 4.7% in the 3rd quarter. Morgan Stanley now owns 77,811 shares of the company’s stock valued at $4,818,000 after purchasing an additional 3,477 shares during the last quarter. NovaPoint Capital LLC acquired a new stake in shares of Invesco KBW Regional Banking ETF in the 1st quarter valued at $4,302,000. Western Wealth Management LLC increased its stake in shares of Invesco KBW Regional Banking ETF by 417.0% in the 1st quarter. Western Wealth Management LLC now owns 45,859 shares of the company’s stock valued at $2,814,000 after buying an additional 36,989 shares during the period. Bank of America Corp DE increased its stake in shares of Invesco KBW Regional Banking ETF by 5.6% in the 4th quarter. Bank of America Corp DE now owns 37,912 shares of the company’s stock valued at $2,388,000 after buying an additional 2,007 shares during the period. Finally, Lido Advisors LLC increased its stake in shares of Invesco KBW Regional Banking ETF by 21.2% in the 1st quarter. Lido Advisors LLC now owns 35,427 shares of the company’s stock valued at $2,173,000 after buying an additional 6,196 shares during the period.

Shares of KBWR opened at $58.71 on Friday. The stock has a fifty day moving average price of $58.39 and a two-hundred day moving average price of $62.45. Invesco KBW Regional Banking ETF has a 52-week low of $53.94 and a 52-week high of $70.14.

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