Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Short Interest Down 9.1% in May

Invesco KBW Regional Banking ETF (NASDAQ:KBWRGet Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 14,900 shares, a decrease of 9.1% from the May 15th total of 16,400 shares. Based on an average daily trading volume, of 4,300 shares, the days-to-cover ratio is currently 3.5 days.

Institutional Trading of Invesco KBW Regional Banking ETF

Institutional investors have recently modified their holdings of the company. Synergy Asset Management LLC purchased a new stake in shares of Invesco KBW Regional Banking ETF during the fourth quarter valued at $3,048,000. Private Advisor Group LLC lifted its holdings in shares of Invesco KBW Regional Banking ETF by 130.6% during the fourth quarter. Private Advisor Group LLC now owns 43,118 shares of the company’s stock valued at $2,357,000 after purchasing an additional 24,421 shares during the last quarter. BSW Wealth Partners purchased a new stake in shares of Invesco KBW Regional Banking ETF during the fourth quarter valued at $235,000. Bordeaux Wealth Advisors LLC purchased a new stake in shares of Invesco KBW Regional Banking ETF during the fourth quarter valued at $232,000. Finally, Private Trust Co. NA purchased a new stake in shares of Invesco KBW Regional Banking ETF during the fourth quarter valued at $46,000.

Invesco KBW Regional Banking ETF Stock Performance

Shares of KBWR stock opened at $47.38 on Wednesday. Invesco KBW Regional Banking ETF has a 1 year low of $39.90 and a 1 year high of $56.49. The stock has a fifty day moving average of $48.83 and a two-hundred day moving average of $50.41. The firm has a market capitalization of $51.17 million, a PE ratio of 9.98 and a beta of 1.05.

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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