Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) Short Interest Up 13.2% in April

Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWDGet Free Report) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totalling 384,000 shares, a growth of 13.2% from the April 15th total of 339,300 shares. Based on an average trading volume of 129,700 shares, the days-to-cover ratio is presently 3.0 days.

Institutional Trading of Invesco KBW High Dividend Yield Financial ETF

A number of large investors have recently bought and sold shares of the business. Highlander Capital Management LLC increased its stake in Invesco KBW High Dividend Yield Financial ETF by 119.8% in the 4th quarter. Highlander Capital Management LLC now owns 4,220 shares of the company’s stock valued at $67,000 after buying an additional 2,300 shares during the period. ORG Partners LLC purchased a new stake in shares of Invesco KBW High Dividend Yield Financial ETF in the third quarter valued at $67,000. Founders Financial Alliance LLC boosted its position in Invesco KBW High Dividend Yield Financial ETF by 45.4% during the fourth quarter. Founders Financial Alliance LLC now owns 4,835 shares of the company’s stock worth $77,000 after acquiring an additional 1,510 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in Invesco KBW High Dividend Yield Financial ETF in the 4th quarter worth about $261,000. Finally, CreativeOne Wealth LLC acquired a new stake in shares of Invesco KBW High Dividend Yield Financial ETF in the first quarter worth approximately $288,000.

Invesco KBW High Dividend Yield Financial ETF Price Performance

Shares of KBWD opened at $15.75 on Wednesday. Invesco KBW High Dividend Yield Financial ETF has a 1-year low of $13.04 and a 1-year high of $16.84. The stock has a market cap of $386.82 million, a PE ratio of 8.21 and a beta of 1.40. The firm has a fifty day moving average price of $15.17 and a 200 day moving average price of $15.17.

Invesco KBW High Dividend Yield Financial ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, April 26th. Shareholders of record on Tuesday, April 23rd were paid a $0.1499 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 11.42%. The ex-dividend date was Monday, April 22nd.

About Invesco KBW High Dividend Yield Financial ETF

(Get Free Report)

The Invesco KBW High Dividend Yield Financial ETF (KBWD) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a dividend-yield-weighted index of US financial firms. KBWD was launched on Dec 2, 2010 and is managed by Invesco.

Further Reading

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