Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Short Interest Up 5.4% in October

Invesco KBW Regional Banking ETF (NASDAQ:KBWRGet Free Report) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totalling 15,700 shares, an increase of 5.4% from the September 30th total of 14,900 shares. Based on an average trading volume of 4,600 shares, the days-to-cover ratio is currently 3.4 days.

Invesco KBW Regional Banking ETF Stock Performance

NASDAQ:KBWR traded down $0.07 during midday trading on Thursday, reaching $59.17. 401 shares of the stock traded hands, compared to its average volume of 5,754. Invesco KBW Regional Banking ETF has a 12-month low of $41.35 and a 12-month high of $60.45. The business has a 50-day moving average of $56.82 and a two-hundred day moving average of $52.93. The stock has a market capitalization of $53.25 million, a PE ratio of 9.98 and a beta of 1.05.

Invesco KBW Regional Banking ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a dividend of $0.401 per share. This represents a $1.60 annualized dividend and a yield of 2.71%. The ex-dividend date was Monday, September 23rd. This is an increase from Invesco KBW Regional Banking ETF’s previous quarterly dividend of $0.40.

Hedge Funds Weigh In On Invesco KBW Regional Banking ETF

An institutional investor recently bought a new position in Invesco KBW Regional Banking ETF stock. Private Advisor Group LLC bought a new stake in Invesco KBW Regional Banking ETF (NASDAQ:KBWRFree Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 9,691 shares of the company’s stock, valued at approximately $549,000. Private Advisor Group LLC owned about 1.08% of Invesco KBW Regional Banking ETF as of its most recent SEC filing.

Invesco KBW Regional Banking ETF Company Profile

(Get Free Report)

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.

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