Invesco KBW Bank ETF (NASDAQ:KBWB) Short Interest Update

Invesco KBW Bank ETF (NASDAQ:KBWB) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totalling 1,080,000 shares, a decrease of 22.3% from the November 30th total of 1,390,000 shares. Based on an average trading volume of 1,210,400 shares, the short-interest ratio is currently 0.9 days.

Invesco KBW Bank ETF Stock Performance

Shares of KBWB stock opened at $65.79 on Friday. Invesco KBW Bank ETF has a 52-week low of $46.53 and a 52-week high of $71.78. The business’s fifty day moving average is $67.01 and its 200 day moving average is $60.29. The company has a market capitalization of $2.01 billion, a PE ratio of 10.69 and a beta of 1.19.

Invesco KBW Bank ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.3601 dividend. The ex-dividend date was Monday, December 23rd.

Hedge Funds Weigh In On Invesco KBW Bank ETF

A number of large investors have recently bought and sold shares of the stock. Private Trust Co. NA increased its position in Invesco KBW Bank ETF by 88.7% during the 3rd quarter. Private Trust Co. NA now owns 566 shares of the company’s stock valued at $33,000 after purchasing an additional 266 shares during the period. Capital Performance Advisors LLP purchased a new position in shares of Invesco KBW Bank ETF during the third quarter valued at about $29,000. FMR LLC raised its stake in Invesco KBW Bank ETF by 32.3% in the third quarter. FMR LLC now owns 2,108 shares of the company’s stock worth $124,000 after buying an additional 515 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in Invesco KBW Bank ETF in the second quarter worth about $43,000. Finally, Addison Advisors LLC boosted its position in Invesco KBW Bank ETF by 3.6% during the 3rd quarter. Addison Advisors LLC now owns 28,194 shares of the company’s stock valued at $1,652,000 after acquiring an additional 972 shares in the last quarter.

About Invesco KBW Bank ETF

The Invesco KBW Bank ETF (KBWB) is an exchange-traded fund that is based on the KBW Nasdaq Bank index, a modified market-cap-weighted index of US banking firms. KBWB was launched on Nov 1, 2011 and is managed by Invesco.