Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Short Interest Update

Invesco KBW Regional Banking ETF (NASDAQ:KBWR) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 17,511 shares, an increase of 52.6% from the January 29th total of 11,476 shares. Currently, 2.3% of the company’s stock are short sold. Based on an average daily volume of 6,984 shares, the days-to-cover ratio is presently 2.5 days. Based on an average daily volume of 6,984 shares, the days-to-cover ratio is presently 2.5 days. Currently, 2.3% of the company’s stock are short sold.

Institutional Investors Weigh In On Invesco KBW Regional Banking ETF

Institutional investors have recently modified their holdings of the stock. Cherry Tree Wealth Management LLC bought a new position in Invesco KBW Regional Banking ETF in the 4th quarter worth about $31,000. Raymond James Financial Inc. bought a new position in shares of Invesco KBW Regional Banking ETF in the second quarter worth approximately $43,000. Kestra Advisory Services LLC bought a new stake in shares of Invesco KBW Regional Banking ETF during the fourth quarter valued at approximately $74,000. SOL Capital Management CO bought a new stake in shares of Invesco KBW Regional Banking ETF during the fourth quarter valued at approximately $203,000. Finally, Osaic Holdings Inc. lifted its position in Invesco KBW Regional Banking ETF by 46.5% in the 2nd quarter. Osaic Holdings Inc. now owns 3,622 shares of the company’s stock valued at $209,000 after acquiring an additional 1,149 shares in the last quarter.

Invesco KBW Regional Banking ETF Stock Performance

KBWR stock opened at $73.00 on Friday. The firm has a 50 day moving average price of $66.30 and a 200-day moving average price of $62.64. Invesco KBW Regional Banking ETF has a 52-week low of $46.85 and a 52-week high of $71.50. The firm has a market capitalization of $56.21 million, a price-to-earnings ratio of 13.81 and a beta of 0.87.

Invesco KBW Regional Banking ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were paid a dividend of $0.448 per share. The ex-dividend date was Monday, December 22nd. This is a positive change from Invesco KBW Regional Banking ETF’s previous quarterly dividend of $0.40. This represents a $1.79 dividend on an annualized basis and a yield of 2.5%.

Invesco KBW Regional Banking ETF Company Profile

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.