Short Interest in Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) Increases By 218.9%

Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) saw a significant increase in short interest in April. As of April 30th, there was short interest totaling 1,454 shares, an increase of 218.9% from the April 15th total of 456 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 7,971 shares, the days-to-cover ratio is currently 0.2 days.

Invesco Zacks Multi-Asset Income ETF Price Performance

CVY stock traded up $0.24 during trading on Thursday, hitting $28.66. 2,096 shares of the company traded hands, compared to its average volume of 5,102. The stock’s 50-day simple moving average is $27.74 and its 200 day simple moving average is $27.50. The company has a market cap of $120.09 million, a PE ratio of 10.24 and a beta of 0.80. Invesco Zacks Multi-Asset Income ETF has a 1 year low of $24.24 and a 1 year high of $29.03.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Fifth Third Bancorp purchased a new position in Invesco Zacks Multi-Asset Income ETF during the first quarter valued at approximately $145,000. Kestra Advisory Services LLC raised its position in Invesco Zacks Multi-Asset Income ETF by 4,304.6% during the first quarter. Kestra Advisory Services LLC now owns 87,827 shares of the company’s stock valued at $2,378,000 after acquiring an additional 85,833 shares in the last quarter. LPL Financial LLC raised its position in Invesco Zacks Multi-Asset Income ETF by 19.5% during the fourth quarter. LPL Financial LLC now owns 81,303 shares of the company’s stock valued at $2,180,000 after acquiring an additional 13,243 shares in the last quarter. Harbour Investments Inc. raised its position in Invesco Zacks Multi-Asset Income ETF by 46.2% during the fourth quarter. Harbour Investments Inc. now owns 1,655 shares of the company’s stock valued at $44,000 after acquiring an additional 523 shares in the last quarter. Finally, HBK Sorce Advisory LLC raised its position in Invesco Zacks Multi-Asset Income ETF by 1.4% during the fourth quarter. HBK Sorce Advisory LLC now owns 101,643 shares of the company’s stock valued at $2,920,000 after acquiring an additional 1,398 shares in the last quarter.

About Invesco Zacks Multi-Asset Income ETF

The Guggenheim Multi-Asset Income ETF (the Fund), formerly Claymore/Zacks Multi-Asset Income Index ETF, seeks investment results that correspond generally to the performance of an equity index called the Zacks Multi-Asset Income Index (the Index). The Index consists of approximately 125 to 150 securities selected, based on investment and other criteria, from a universe of domestic and international companies. The universe of securities within the Index includes United States-listed common stocks, American depositary receipts (ADRs) paying dividends, real estate investment trusts, master limited partnerships, closed-end funds and traditional preferred stocks.