Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Short Interest Down 13.8% in August

Invesco KBW Regional Banking ETF (NASDAQ:KBWR) saw a large decrease in short interest in August. As of August 31st, there was short interest totalling 27,400 shares, a decrease of 13.8% from the August 15th total of 31,800 shares. Based on an average daily volume of 11,800 shares, the short-interest ratio is currently 2.3 days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Raymond James & Associates grew its holdings in Invesco KBW Regional Banking ETF by 198.8% during the 1st quarter. Raymond James & Associates now owns 26,447 shares of the company’s stock worth $1,622,000 after acquiring an additional 17,597 shares in the last quarter. Nations Financial Group Inc. IA ADV acquired a new stake in Invesco KBW Regional Banking ETF during the first quarter valued at $261,000. UBS Group AG grew its position in Invesco KBW Regional Banking ETF by 11.6% during the first quarter. UBS Group AG now owns 14,489 shares of the company’s stock valued at $889,000 after buying an additional 1,505 shares during the period. Captrust Financial Advisors acquired a new stake in shares of Invesco KBW Regional Banking ETF in the first quarter valued at about $26,000. Finally, Lido Advisors LLC grew its position in shares of Invesco KBW Regional Banking ETF by 21.2% in the first quarter. Lido Advisors LLC now owns 35,427 shares of the company’s stock valued at $2,173,000 after purchasing an additional 6,196 shares during the period.

Invesco KBW Regional Banking ETF Stock Performance

NASDAQ:KBWR opened at $44.77 on Tuesday. The firm has a 50-day simple moving average of $47.81 and a two-hundred day simple moving average of $44.60. The firm has a market cap of $58.20 million, a P/E ratio of 10.36 and a beta of 1.05. Invesco KBW Regional Banking ETF has a fifty-two week low of $37.49 and a fifty-two week high of $63.62.

Invesco KBW Regional Banking ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, September 22nd. Shareholders of record on Tuesday, September 19th will be given a dividend of $0.4167 per share. The ex-dividend date of this dividend is Monday, September 18th.

About Invesco KBW Regional Banking ETF

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.