Short Interest in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Drops By 80.0%

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 300 shares, a decrease of 80.0% from the August 15th total of 1,500 shares. Based on an average daily volume of 16,700 shares, the short-interest ratio is presently 0.0 days.

Invesco International BuyBack Achievers ETF Price Performance

Shares of NASDAQ:IPKW traded up $0.41 during trading on Thursday, hitting $41.45. 8,011 shares of the company were exchanged, compared to its average volume of 16,392. The company has a market cap of $91.19 million, a PE ratio of 10.12 and a beta of 0.93. The stock has a 50 day moving average of $41.09 and a 200 day moving average of $40.30. Invesco International BuyBack Achievers ETF has a 52-week low of $33.19 and a 52-week high of $42.55.

Invesco International BuyBack Achievers ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were given a dividend of $0.3844 per share. The ex-dividend date of this dividend was Monday, June 24th. This represents a $1.54 annualized dividend and a dividend yield of 3.71%. This is an increase from Invesco International BuyBack Achievers ETF’s previous quarterly dividend of $0.37.

Institutional Investors Weigh In On Invesco International BuyBack Achievers ETF

Several institutional investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. purchased a new stake in shares of Invesco International BuyBack Achievers ETF during the second quarter worth $12,008,000. Brookstone Capital Management lifted its position in shares of Invesco International BuyBack Achievers ETF by 12.6% during the second quarter. Brookstone Capital Management now owns 102,360 shares of the company’s stock worth $4,267,000 after acquiring an additional 11,423 shares in the last quarter. Financial Enhancement Group LLC lifted its position in shares of Invesco International BuyBack Achievers ETF by 4.0% during the second quarter. Financial Enhancement Group LLC now owns 64,831 shares of the company’s stock worth $2,596,000 after acquiring an additional 2,511 shares in the last quarter. Cetera Investment Advisers purchased a new stake in shares of Invesco International BuyBack Achievers ETF during the second quarter worth $2,350,000. Finally, Park Edge Advisors LLC lifted its position in shares of Invesco International BuyBack Achievers ETF by 16.1% during the second quarter. Park Edge Advisors LLC now owns 42,839 shares of the company’s stock worth $1,713,000 after acquiring an additional 5,942 shares in the last quarter.

Invesco International BuyBack Achievers ETF Company Profile

The Invesco International BuyBack Achievers ETF (IPKW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a modified market-cap-weighted index of global ex-US companies that have reduced their outstanding shares by at least 5% in the past year. IPKW was launched on Mar 6, 2014 and is managed by Invesco.