Invesco KBW Regional Banking ETF (NASDAQ:KBWR) Short Interest Update

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

Invesco KBW Regional Banking ETF Price Performance

Shares of KBWR opened at $46.66 on Wednesday. The company has a market capitalization of $50.40 million, a PE ratio of 9.88 and a beta of 1.05. Invesco KBW Regional Banking ETF has a one year low of $37.49 and a one year high of $56.49. The company’s fifty day moving average price is $49.24 and its 200 day moving average price is $48.89.

Invesco KBW Regional Banking ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a $0.3993 dividend. The ex-dividend date of this dividend was Monday, March 18th. This represents a $1.60 annualized dividend and a yield of 3.42%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of KBWR. Raymond James & Associates raised its holdings in Invesco KBW Regional Banking ETF by 198.8% in the 1st quarter. Raymond James & Associates now owns 26,447 shares of the company’s stock worth $1,622,000 after acquiring an additional 17,597 shares during the period. Nations Financial Group Inc. IA ADV bought a new position in Invesco KBW Regional Banking ETF in the 1st quarter worth $261,000. UBS Group AG raised its holdings in Invesco KBW Regional Banking ETF by 11.6% in the 1st quarter. UBS Group AG now owns 14,489 shares of the company’s stock worth $889,000 after acquiring an additional 1,505 shares during the period. Captrust Financial Advisors acquired a new stake in Invesco KBW Regional Banking ETF in the 1st quarter worth $26,000. Finally, Lido Advisors LLC grew its position in Invesco KBW Regional Banking ETF by 21.2% in the 1st quarter. Lido Advisors LLC now owns 35,427 shares of the company’s stock worth $2,173,000 after purchasing an additional 6,196 shares during the last quarter.

About Invesco KBW Regional Banking ETF

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.