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flag Short interest in the Invesco KBW Bank ETF surged 77.2% in January, reaching 3,030,000 shares.

flag In January, short interest in the Invesco KBW Bank ETF (KBWB) surged by 77.2%, reaching 3,030,000 shares, with a days-to-cover ratio of 1.8 days. flag The ETF, which tracks the KBW Nasdaq Bank Index, saw its shares trade up to $71.40. flag KBWB has a market cap of $3.45 billion and a price-to-earnings ratio of 10.69. flag Several large investors increased their stakes in the ETF in the last two quarters.

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