Short Interest in Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) Rises By 65.0%

Invesco International BuyBack Achievers ETF (NASDAQ:IPKW) was the recipient of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 189,100 shares, a growth of 65.0% from the February 13th total of 114,600 shares. Currently, 9.2% of the shares of the company are sold short. Based on an average trading volume of 46,200 shares, the short-interest ratio is presently 4.1 days.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Synergy Asset Management LLC bought a new position in Invesco International BuyBack Achievers ETF during the fourth quarter worth about $40,000. Jones Financial Companies Lllp lifted its stake in Invesco International BuyBack Achievers ETF by 1,026.1% in the fourth quarter. Jones Financial Companies Lllp now owns 3,153 shares of the company’s stock valued at $125,000 after acquiring an additional 2,873 shares during the last quarter. Stifel Financial Corp bought a new position in Invesco International BuyBack Achievers ETF during the third quarter worth about $212,000. Breakwater Capital Group acquired a new position in shares of Invesco International BuyBack Achievers ETF during the 4th quarter worth approximately $237,000. Finally, Citadel Advisors LLC acquired a new position in Invesco International BuyBack Achievers ETF in the 4th quarter valued at about $902,000.

Invesco International BuyBack Achievers ETF Stock Up 2.0 %

NASDAQ IPKW opened at $46.52 on Monday. The stock has a market cap of $95.37 million, a P/E ratio of 11.37 and a beta of 0.93. Invesco International BuyBack Achievers ETF has a twelve month low of $37.96 and a twelve month high of $46.88. The company’s 50-day simple moving average is $43.11 and its 200 day simple moving average is $42.02.

Invesco International BuyBack Achievers ETF Dividend Announcement

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

About Invesco International BuyBack Achievers ETF

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.