Short Interest in Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Rises By 131.3%

Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) saw a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 458,341 shares, an increase of 131.3% from the June 15th total of 198,180 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 1,123,782 shares, the short-interest ratio is presently 0.4 days.

Invesco National AMT-Free Municipal Bond ETF Stock Performance

Shares of Invesco National AMT-Free Municipal Bond ETF stock traded down $0.04 on Thursday, hitting $23.34. The stock had a trading volume of 608,265 shares, compared to its average volume of 1,499,558. The stock has a 50 day moving average of $23.33 and a 200 day moving average of $23.29. Invesco National AMT-Free Municipal Bond ETF has a twelve month low of $21.87 and a twelve month high of $23.63.

Institutional Trading of Invesco National AMT-Free Municipal Bond ETF

Several institutional investors have recently modified their holdings of the business. Ocean Park Asset Management LLC acquired a new stake in Invesco National AMT-Free Municipal Bond ETF in the second quarter valued at $2,895,000. Wealthcare Advisory Partners LLC lifted its holdings in Invesco National AMT-Free Municipal Bond ETF by 9.8% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 28,603 shares of the company’s stock worth $673,000 after buying an additional 2,563 shares during the period. Melone Private Wealth LLC grew its position in shares of Invesco National AMT-Free Municipal Bond ETF by 14.6% in the 2nd quarter. Melone Private Wealth LLC now owns 17,314 shares of the company’s stock valued at $407,000 after buying an additional 2,209 shares during the last quarter. Sax Wealth Advisors LLC bought a new stake in shares of Invesco National AMT-Free Municipal Bond ETF in the 2nd quarter valued at about $600,000. Finally, Affinity Capital Advisors LLC acquired a new stake in shares of Invesco National AMT-Free Municipal Bond ETF in the second quarter valued at about $816,000.

Invesco National AMT-Free Municipal Bond ETF Company Profile

The Invesco National AMT-Free Municipal Bond ETF (PZA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment grade, tax-exempt debt publicly issued by a US state with at least 15 years remaining to maturity. PZA was launched on Oct 11, 2007 and is managed by Invesco.