Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) Sees Significant Growth in Short Interest

Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 605,500 shares, an increase of 8.1% from the October 31st total of 560,200 shares. Based on an average daily volume of 167,600 shares, the short-interest ratio is presently 3.6 days.

Institutional Trading of Invesco KBW High Dividend Yield Financial ETF

A number of institutional investors have recently made changes to their positions in KBWD. CWM LLC boosted its position in shares of Invesco KBW High Dividend Yield Financial ETF by 5.3% during the third quarter. CWM LLC now owns 29,781 shares of the company’s stock valued at $455,000 after purchasing an additional 1,507 shares in the last quarter. Mattson Financial Services LLC purchased a new stake in Invesco KBW High Dividend Yield Financial ETF during the 2nd quarter valued at $45,000. Endowment Wealth Management Inc. lifted its holdings in shares of Invesco KBW High Dividend Yield Financial ETF by 10.2% during the second quarter. Endowment Wealth Management Inc. now owns 35,742 shares of the company’s stock valued at $538,000 after purchasing an additional 3,321 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of Invesco KBW High Dividend Yield Financial ETF by 46.5% during the third quarter. Farther Finance Advisors LLC now owns 10,748 shares of the company’s stock valued at $164,000 after buying an additional 3,412 shares during the last quarter. Finally, ORG Partners LLC purchased a new stake in shares of Invesco KBW High Dividend Yield Financial ETF during the 2nd quarter valued at about $66,000.

Invesco KBW High Dividend Yield Financial ETF Stock Down 0.3 %

KBWD stock opened at $15.46 on Tuesday. The stock has a 50-day simple moving average of $15.12 and a two-hundred day simple moving average of $15.25. The firm has a market capitalization of $403.04 million, a PE ratio of 8.21 and a beta of 1.40. Invesco KBW High Dividend Yield Financial ETF has a twelve month low of $14.34 and a twelve month high of $16.38.

Invesco KBW High Dividend Yield Financial ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were given a dividend of $0.147 per share. The ex-dividend date was Monday, November 18th.

About Invesco KBW High Dividend Yield Financial ETF

The Invesco KBW High Dividend Yield Financial ETF (KBWD) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a dividend-yield-weighted index of US financial firms. KBWD was launched on Dec 2, 2010 and is managed by Invesco.