Invesco BuyBack Achievers ETF (NASDAQ:PKW) Short Interest Update

Invesco BuyBack Achievers ETF (NASDAQ:PKW) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totalling 1,700 shares, a decrease of 29.2% from the August 31st total of 2,400 shares. Based on an average trading volume of 49,400 shares, the days-to-cover ratio is currently 0.0 days.

A number of large investors have recently added to or reduced their stakes in PKW. FMR LLC boosted its position in Invesco BuyBack Achievers ETF by 72,700.0% during the 1st quarter. FMR LLC now owns 1,456 shares of the exchange traded fund’s stock worth $86,000 after acquiring an additional 1,454 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Invesco BuyBack Achievers ETF by 10.8% in the 1st quarter. JPMorgan Chase & Co. now owns 17,575 shares of the exchange traded fund’s stock valued at $852,000 after buying an additional 1,709 shares during the last quarter. Rockefeller Capital Management L.P. acquired a new stake in shares of Invesco BuyBack Achievers ETF in the 1st quarter valued at approximately $68,000. Oxford Financial Group Ltd. acquired a new stake in shares of Invesco BuyBack Achievers ETF in the 1st quarter valued at approximately $37,000. Finally, M&T Bank Corp acquired a new stake in shares of Invesco BuyBack Achievers ETF in the 1st quarter valued at approximately $271,000.

NASDAQ:PKW traded down $0.09 during trading hours on Thursday, reaching $60.09. 1,500 shares of the stock were exchanged, compared to its average volume of 98,251. Invesco BuyBack Achievers ETF has a twelve month low of $39.13 and a twelve month high of $70.70. The firm has a 50 day moving average of $61.36 and a 200 day moving average of $56.41.

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 22nd were given a dividend of $0.226 per share. This represents a $0.90 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date was Monday, September 21st.

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.

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