Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) Short Interest Down 72.0% in July

Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 120 shares, a drop of 72.0% from the June 30th total of 428 shares. Based on an average daily volume of 2,131 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Invesco Zacks Mid-Cap ETF Price Performance

Shares of NYSEARCA CZA traded up $1.35 during trading hours on Friday, reaching $124.47. The stock had a trading volume of 4,629 shares, compared to its average volume of 2,227. The business’s fifty day moving average is $120.40 and its two-hundred day moving average is $116.56. The company has a market cap of $187.95 million, a price-to-earnings ratio of 18.93 and a beta of 0.82. Invesco Zacks Mid-Cap ETF has a twelve month low of $104.49 and a twelve month high of $125.20.

Institutional Investors Weigh In On Invesco Zacks Mid-Cap ETF

Several institutional investors and hedge funds have recently bought and sold shares of CZA. Bank of America Corp DE lifted its holdings in shares of Invesco Zacks Mid-Cap ETF by 3.3% during the 2nd quarter. Bank of America Corp DE now owns 6,101 shares of the company’s stock worth $651,000 after acquiring an additional 196 shares during the period. MML Investors Services LLC increased its stake in Invesco Zacks Mid-Cap ETF by 5.1% in the fourth quarter. MML Investors Services LLC now owns 8,529 shares of the company’s stock valued at $945,000 after acquiring an additional 412 shares during the period. Whittier Trust Co. bought a new stake in Invesco Zacks Mid-Cap ETF in the first quarter valued at about $65,000. Royal Bank of Canada increased its stake in Invesco Zacks Mid-Cap ETF by 6.6% in the first quarter. Royal Bank of Canada now owns 9,613 shares of the company’s stock valued at $1,059,000 after acquiring an additional 599 shares during the period. Finally, Cetera Investment Advisers raised its position in Invesco Zacks Mid-Cap ETF by 9.1% in the first quarter. Cetera Investment Advisers now owns 8,048 shares of the company’s stock worth $887,000 after purchasing an additional 671 shares in the last quarter.

Invesco Zacks Mid-Cap ETF Company Profile

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).