Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Short Interest Down 75.0% in December

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 9,000 shares, a decline of 75.0% from the December 15th total of 36,000 shares. Based on an average daily volume of 21,500 shares, the short-interest ratio is presently 0.4 days.

Invesco International BuyBack Achievers ETF Price Performance

NASDAQ:IPKW remained flat at $39.44 during mid-day trading on Monday. The company had a trading volume of 3,615 shares, compared to its average volume of 10,445. The firm’s 50 day moving average price is $40.62 and its 200 day moving average price is $41.20. The company has a market capitalization of $80.85 million, a price-to-earnings ratio of 10.12 and a beta of 0.93. Invesco International BuyBack Achievers ETF has a 1 year low of $35.69 and a 1 year high of $43.17.

Invesco International BuyBack Achievers ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.5183 dividend. The ex-dividend date was Monday, December 23rd.

Hedge Funds Weigh In On Invesco International BuyBack Achievers ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Cetera Investment Advisers acquired a new stake in Invesco International BuyBack Achievers ETF in the 2nd quarter worth $2,350,000. Envestnet Asset Management Inc. bought a new stake in shares of Invesco International BuyBack Achievers ETF in the second quarter valued at about $12,008,000. Stifel Financial Corp acquired a new stake in Invesco International BuyBack Achievers ETF during the third quarter worth about $212,000. Brookstone Capital Management increased its stake in Invesco International BuyBack Achievers ETF by 3.6% during the third quarter. Brookstone Capital Management now owns 105,999 shares of the company’s stock valued at $4,540,000 after acquiring an additional 3,639 shares during the period. Finally, Park Edge Advisors LLC raised its holdings in Invesco International BuyBack Achievers ETF by 88.9% in the 3rd quarter. Park Edge Advisors LLC now owns 80,925 shares of the company’s stock valued at $3,466,000 after acquiring an additional 38,086 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.