Short Interest in Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) Declines By 34.7%

Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) was the target of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 173 shares, a drop of 34.7% from the May 14th total of 265 shares. Based on an average trading volume of 1,670 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Investors Weigh In On Invesco Zacks Mid-Cap ETF

Large investors have recently made changes to their positions in the business. Empirical Asset Management LLC bought a new stake in shares of Invesco Zacks Mid-Cap ETF in the 3rd quarter worth approximately $1,079,000. IMC Chicago LLC grew its position in shares of Invesco Zacks Mid-Cap ETF by 73.4% in the 4th quarter. IMC Chicago LLC now owns 27,990 shares of the company’s stock worth $3,101,000 after buying an additional 11,848 shares during the last quarter. Cetera Investment Advisers grew its position in shares of Invesco Zacks Mid-Cap ETF by 9.1% in the 1st quarter. Cetera Investment Advisers now owns 8,048 shares of the company’s stock worth $887,000 after buying an additional 671 shares during the last quarter. Whittier Trust Co. bought a new stake in shares of Invesco Zacks Mid-Cap ETF in the 1st quarter worth approximately $65,000. Finally, Baer Investment Advisory LLC bought a new stake in shares of Invesco Zacks Mid-Cap ETF in the 1st quarter worth approximately $460,000.

Invesco Zacks Mid-Cap ETF Stock Performance

CZA traded up $0.02 on Tuesday, hitting $120.51. 2,154 shares of the company were exchanged, compared to its average volume of 2,216. The firm has a fifty day simple moving average of $116.62 and a two-hundred day simple moving average of $114.48. Invesco Zacks Mid-Cap ETF has a 12 month low of $103.86 and a 12 month high of $120.94. The stock has a market capitalization of $191.61 million, a PE ratio of 18.93 and a beta of 0.83.

About Invesco Zacks Mid-Cap ETF

Guggenheim Mid-Cap Core ETF (the Fund), formerly Claymore/Zacks Mid-Cap Core ETF, seeks investment results that correspond generally to the performance of an index called the Zacks Mid-Cap Core Index (the Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index and depositary receipts representing securities that comprise the Index (or underlying securities representing ADRs that comprise the Index). The Index is comprised of 100 securities selected, based on investment and other criteria, from a universe of mid-capitalization common stocks, including master limited partnerships (MLPs), and American depositary receipts (ADRs).