Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Sees Large Increase in Short Interest

Invesco KBW Regional Banking ETF (NASDAQ:KBWR) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 15,700 shares, a growth of 5.4% from the September 30th total of 14,900 shares. Based on an average daily trading volume, of 4,600 shares, the short-interest ratio is presently 3.4 days.

Invesco KBW Regional Banking ETF Stock Performance

Shares of KBWR opened at $58.43 on Friday. Invesco KBW Regional Banking ETF has a fifty-two week low of $41.35 and a fifty-two week high of $60.45. The firm has a 50 day moving average price of $56.89 and a 200-day moving average price of $52.96. The firm has a market cap of $52.59 million, a price-to-earnings ratio of 9.98 and a beta of 1.05.

Invesco KBW Regional Banking ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a dividend of $0.401 per share. This is a boost from Invesco KBW Regional Banking ETF’s previous quarterly dividend of $0.40. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date was Monday, September 23rd.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Invesco KBW Regional Banking ETF stock. Private Advisor Group LLC purchased a new position in Invesco KBW Regional Banking ETF (NASDAQ:KBWR) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 9,691 shares of the company’s stock, valued at approximately $549,000. Private Advisor Group LLC owned 1.08% of Invesco KBW Regional Banking ETF at the end of the most recent reporting period.

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.