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

Invesco KBW High Dividend Yield Financial ETF (NASDAQ:KBWD) saw a large increase in short interest in 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.

Invesco KBW High Dividend Yield Financial ETF Stock Performance

NASDAQ KBWD opened at $15.31 on Wednesday. The stock has a market cap of $399.13 million, a P/E ratio of 8.21 and a beta of 1.40. Invesco KBW High Dividend Yield Financial ETF has a fifty-two week low of $14.34 and a fifty-two week high of $16.38. The stock has a 50 day simple moving average of $15.12 and a two-hundred day simple moving average of $15.25.

Invesco KBW High Dividend Yield Financial ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 18th were issued a $0.147 dividend. The ex-dividend date was Monday, November 18th.

Institutional Investors Weigh In On Invesco KBW High Dividend Yield Financial ETF

A number of large investors have recently modified their holdings of the stock. Mattson Financial Services LLC purchased a new stake in Invesco KBW High Dividend Yield Financial ETF in the second quarter worth about $45,000. ORG Partners LLC purchased a new position in shares of Invesco KBW High Dividend Yield Financial ETF in the 2nd quarter valued at approximately $66,000. Farther Finance Advisors LLC lifted its stake in shares of Invesco KBW High Dividend Yield Financial ETF by 46.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,748 shares of the company’s stock valued at $164,000 after purchasing an additional 3,412 shares during the period. CreativeOne Wealth LLC purchased a new stake in Invesco KBW High Dividend Yield Financial ETF in the third quarter worth $255,000. Finally, Good Life Advisors LLC bought a new position in Invesco KBW High Dividend Yield Financial ETF in the third quarter worth $266,000.

Invesco KBW High Dividend Yield Financial ETF Company Profile

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.