Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Short Interest Up 6.4% in March

Invesco KBW Regional Banking ETF (NASDAQ:KBWR) was the recipient of a significant increase in short interest in the month of March. As of March 31st, there was short interest totalling 15,000 shares, an increase of 6.4% from the March 15th total of 14,100 shares. Based on an average daily volume of 8,500 shares, the days-to-cover ratio is presently 1.8 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of KBWR. Captrust Financial Advisors acquired a new position in Invesco KBW Regional Banking ETF during the first quarter valued at approximately $26,000. Private Trust Co. NA acquired a new position in Invesco KBW Regional Banking ETF during the fourth quarter valued at approximately $46,000. Royal Bank of Canada lifted its position in Invesco KBW Regional Banking ETF by 94.5% during the second quarter. Royal Bank of Canada now owns 2,954 shares of the company’s stock valued at $128,000 after buying an additional 1,435 shares in the last quarter. Cambridge Investment Research Advisors Inc. acquired a new position in Invesco KBW Regional Banking ETF during the fourth quarter valued at approximately $201,000. Finally, Financial Advocates Investment Management acquired a new position in Invesco KBW Regional Banking ETF during the fourth quarter valued at approximately $217,000.

Invesco KBW Regional Banking ETF Stock Performance

Invesco KBW Regional Banking ETF stock opened at $46.68 on Thursday. The company has a market cap of $50.41 million, a price-to-earnings ratio of 9.88 and a beta of 1.05. Invesco KBW Regional Banking ETF has a 1 year low of $37.49 and a 1 year high of $56.49. The firm has a 50 day moving average price of $49.21 and a 200 day moving average price of $48.88.

Invesco KBW Regional Banking ETF Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were given a dividend of $0.3993 per share. The ex-dividend date of this dividend was Monday, March 18th. This represents a $1.60 dividend on an annualized basis and a yield of 3.42%.

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.