Short Interest in Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Decreases By 22.9%

Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totaling 291,083 shares, a decline of 22.9% from the November 30th total of 377,760 shares. Based on an average trading volume of 1,065,945 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 1,065,945 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of Invesco National AMT-Free Municipal Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Farther Finance Advisors LLC lifted its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 11.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 6,901 shares of the company’s stock worth $155,000 after purchasing an additional 682 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in Invesco National AMT-Free Municipal Bond ETF in the second quarter worth $586,000. IFP Advisors Inc increased its position in Invesco National AMT-Free Municipal Bond ETF by 696.3% in the second quarter. IFP Advisors Inc now owns 3,822 shares of the company’s stock worth $86,000 after buying an additional 3,342 shares during the period. Cliftonlarsonallen Wealth Advisors LLC lifted its stake in Invesco National AMT-Free Municipal Bond ETF by 6.5% in the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 4,148,197 shares of the company’s stock valued at $95,782,000 after buying an additional 251,534 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC boosted its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 70.0% during the second quarter. Avidian Wealth Enterprises LLC now owns 39,254 shares of the company’s stock valued at $879,000 after acquiring an additional 16,169 shares during the period.

Invesco National AMT-Free Municipal Bond ETF Price Performance

NYSEARCA PZA traded up $0.01 during mid-day trading on Tuesday, reaching $23.22. 1,043,714 shares of the company’s stock traded hands, compared to its average volume of 1,457,408. Invesco National AMT-Free Municipal Bond ETF has a 1-year low of $21.49 and a 1-year high of $23.79. The company has a fifty day simple moving average of $23.27 and a 200-day simple moving average of $22.79.

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.