Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT) Short Interest Down 35.3% in August

Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT) was the target of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 4,992 shares, a decline of 35.3% from the July 30th total of 7,710 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 20,662 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Invesco New York AMT-Free Municipal Bond ETF

Institutional investors have recently modified their holdings of the business. Jones Financial Companies Lllp acquired a new stake in Invesco New York AMT-Free Municipal Bond ETF in the first quarter valued at $211,000. JPMorgan Chase & Co. grew its position in Invesco New York AMT-Free Municipal Bond ETF by 42.3% during the second quarter. JPMorgan Chase & Co. now owns 11,752 shares of the company’s stock worth $254,000 after buying an additional 3,492 shares during the period. Bank of America Corp DE increased its holdings in Invesco New York AMT-Free Municipal Bond ETF by 1.9% in the second quarter. Bank of America Corp DE now owns 170,421 shares of the company’s stock valued at $3,688,000 after buying an additional 3,114 shares in the last quarter. UBS Group AG increased its holdings in Invesco New York AMT-Free Municipal Bond ETF by 2.8% in the third quarter. UBS Group AG now owns 32,207 shares of the company’s stock valued at $716,000 after buying an additional 882 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new stake in shares of Invesco New York AMT-Free Municipal Bond ETF during the 3rd quarter valued at approximately $281,000.

Invesco New York AMT-Free Municipal Bond ETF Stock Performance

PZT traded down $0.06 during trading on Wednesday, hitting $21.53. The stock had a trading volume of 16,906 shares, compared to its average volume of 27,189. Invesco New York AMT-Free Municipal Bond ETF has a twelve month low of $21.29 and a twelve month high of $22.75. The company’s 50-day moving average price is $22.30 and its 200 day moving average price is $22.36.

Invesco New York AMT-Free Municipal Bond ETF Company Profile

The PowerShares New York AMT-Free Municipal Bond Portfolio (the Fund), formerly The PowerShares Insured New York Municipal Bond Portfolio, is based on The BofA Merrill Lynch New York Long-Term Core Plus Municipal Securities Index (Index). The Fund will invest at least 80% of its total assets in municipal securities that comprise the Index. The Index is composed of the United States dollar-denominated, investment grade, tax-exempt debt publicly issued by New York or any of the United States territory, or their political subdivisions, in the the United States domestic market with a term of at least 15 years remaining to final maturity.