Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) Stock Short Interest Climbs 65.4%

Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY – Get Free Report) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 1,795 shares, a growth of 65.4% from the September 15th total of 1,085 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 4,195 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Invesco Zacks Multi-Asset Income ETF stock. Fifth Third Bancorp purchased a new position in Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,374 shares of the company’s stock, valued at approximately $145,000. Fifth Third Bancorp owned about 0.13% of Invesco Zacks Multi-Asset Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Invesco Zacks Multi-Asset Income ETF Stock Up 0.8%

CVY opened at $28.92 on Friday. The firm has a 50-day simple moving average of $29.77 and a two-hundred day simple moving average of $29.19. Invesco Zacks Multi-Asset Income ETF has a 52 week low of $25.81 and a 52 week high of $30.86. The company has a market capitalization of $118.57 million, a PE ratio of 10.24 and a beta of 0.80.

Invesco Zacks Multi-Asset Income ETF Company Profile

(Get Free Report)

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.

Further Reading

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