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

Invesco KBW Regional Banking ETF (NASDAQ:KBWR) was the target of a significant growth in short interest in 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 trading volume of 4,600 shares, the short-interest ratio is currently 3.4 days.

Institutional Investors Weigh In On Invesco KBW Regional Banking ETF

A hedge fund recently bought a new stake in Invesco KBW Regional Banking ETF stock. Private Advisor Group LLC bought a new position in Invesco KBW Regional Banking ETF (NASDAQ:KBWR) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund 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 Stock Down 0.1 %

NASDAQ KBWR traded down $0.07 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 firm’s fifty day simple moving average is $56.82 and its 200 day simple moving average is $52.93. The company has a market cap of $53.25 million, a price-to-earnings ratio of 9.98 and a beta of 1.05.

Invesco KBW Regional Banking ETF Increases Dividend

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

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.