Short Interest in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Increases By 123.6%

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 36,000 shares, an increase of 123.6% from the November 30th total of 16,100 shares. Based on an average daily trading volume, of 20,800 shares, the days-to-cover ratio is currently 1.7 days.

Institutional Investors Weigh In On Invesco International BuyBack Achievers ETF

A number of hedge funds and other institutional investors have recently modified their holdings of IPKW. Financial Enhancement Group LLC increased its position in Invesco International BuyBack Achievers ETF by 4.0% during the 2nd quarter. Financial Enhancement Group LLC now owns 64,831 shares of the company’s stock worth $2,596,000 after purchasing an additional 2,511 shares in the last quarter. Brookstone Capital Management boosted its stake in Invesco International BuyBack Achievers ETF by 3.6% in the 3rd quarter. Brookstone Capital Management now owns 105,999 shares of the company’s stock worth $4,540,000 after buying an additional 3,639 shares during the last quarter. Stifel Financial Corp purchased a new position in shares of Invesco International BuyBack Achievers ETF during the 3rd quarter worth about $212,000. Stratos Wealth Advisors LLC increased its position in Invesco International BuyBack Achievers ETF by 16.5% during the third quarter. Stratos Wealth Advisors LLC now owns 36,508 shares of the company’s stock worth $1,564,000 after purchasing an additional 5,171 shares during the last quarter. Finally, Essex Financial Services Inc. purchased a new stake in shares of Invesco International BuyBack Achievers ETF during the 2nd quarter valued at $332,000.

Invesco International BuyBack Achievers ETF Trading Up 0.2 %

Invesco International BuyBack Achievers ETF stock opened at $39.68 on Friday. Invesco International BuyBack Achievers ETF has a 12-month low of $35.69 and a 12-month high of $43.17. The stock has a market cap of $89.28 million, a P/E ratio of 10.12 and a beta of 0.93. The company has a fifty day simple moving average of $41.06 and a 200-day simple moving average of $41.22.

Invesco International BuyBack Achievers ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $0.5183 per share. The ex-dividend date was Monday, December 23rd.

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.