Invesco BuyBack Achievers ETF (NASDAQ:PKW) Short Interest Up 62.7% in December

Invesco BuyBack Achievers ETF (NASDAQ:PKW) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 23,100 shares, a growth of 62.7% from the November 30th total of 14,200 shares. Based on an average daily trading volume, of 19,600 shares, the short-interest ratio is presently 1.2 days.

Institutional Investors Weigh In On Invesco BuyBack Achievers ETF

A number of large investors have recently made changes to their positions in the business. Larson Financial Group LLC bought a new position in shares of Invesco BuyBack Achievers ETF during the second quarter valued at approximately $31,000. Mendota Financial Group LLC purchased a new position in Invesco BuyBack Achievers ETF during the 3rd quarter valued at $59,000. Valley Wealth Managers Inc. purchased a new position in Invesco BuyBack Achievers ETF during the 3rd quarter valued at $90,000. Dunhill Financial LLC bought a new position in Invesco BuyBack Achievers ETF in the 3rd quarter worth $115,000. Finally, Lion Street Advisors LLC purchased a new stake in shares of Invesco BuyBack Achievers ETF in the 3rd quarter worth about $202,000.

Invesco BuyBack Achievers ETF Stock Down 0.7 %

Shares of NASDAQ:PKW traded down $0.84 during midday trading on Friday, hitting $116.19. 14,441 shares of the stock traded hands, compared to its average volume of 18,288. The stock has a market capitalization of $1.23 billion, a PE ratio of 12.93 and a beta of 1.09. Invesco BuyBack Achievers ETF has a one year low of $96.67 and a one year high of $125.31. The business’s 50 day moving average is $119.43 and its two-hundred day moving average is $112.31.

Invesco BuyBack Achievers ETF Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, December 27th. Shareholders of record on Monday, December 23rd will be given a dividend of $0.2197 per share. The ex-dividend date of this dividend is Monday, December 23rd.

Invesco BuyBack Achievers ETF Company Profile

PowerShares Buyback Achievers Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Share BuyBack Achievers Index (the Index). The Index is designed to track the performance of companies that meet the requirements to be classified as BuyBack Achievers. To become eligible for inclusion in the Index, a company must be incorporated in the United States, trade on a United States exchange and must have repurchased at least 5% or more of its outstanding shares for the trailing 12 months.