Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Sees Large Growth in Short Interest

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Stifel Financial Corp acquired a new stake in shares of Invesco International BuyBack Achievers ETF during the third quarter valued at approximately $212,000. Essex Financial Services Inc. purchased a new position in Invesco International BuyBack Achievers ETF during the 2nd quarter worth approximately $332,000. Stratos Wealth Advisors LLC raised its stake in Invesco International BuyBack Achievers ETF by 16.5% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 36,508 shares of the company’s stock valued at $1,564,000 after purchasing an additional 5,171 shares during the period. Cetera Investment Advisers purchased a new stake in shares of Invesco International BuyBack Achievers ETF in the second quarter valued at $2,350,000. Finally, Financial Enhancement Group LLC lifted its holdings in shares of Invesco International BuyBack Achievers ETF by 4.0% in the second quarter. Financial Enhancement Group LLC now owns 64,831 shares of the company’s stock valued at $2,596,000 after purchasing an additional 2,511 shares in the last quarter.

Invesco International BuyBack Achievers ETF Stock Up 0.2 %

Shares of 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 firm has a market capitalization of $89.28 million, a PE ratio of 10.12 and a beta of 0.93. The stock’s fifty day moving average is $41.06 and its 200-day moving average is $41.22.

Invesco International BuyBack Achievers ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid 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.