Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) Short Interest Up 142.4% in August

Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 1,922 shares, an increase of 142.4% from the July 30th total of 793 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 4,490 shares, the days-to-cover ratio is presently 0.4 days.

Invesco Zacks Multi-Asset Income ETF Stock Up 0.0%

Shares of NYSEARCA:CVY traded up $0.01 during midday trading on Friday, reaching $30.62. The company’s stock had a trading volume of 269 shares, compared to its average volume of 4,575. The firm has a 50 day moving average of $29.83 and a 200-day moving average of $28.77. The firm has a market capitalization of $125.85 million, a P/E ratio of 10.24 and a beta of 0.78. Invesco Zacks Multi-Asset Income ETF has a 12-month low of $25.81 and a 12-month high of $30.71.

Institutional Investors Weigh In On Invesco Zacks Multi-Asset Income ETF

Institutional investors have recently made changes to their positions in the company. Kestra Advisory Services LLC lifted its holdings in shares of 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 purchasing an additional 85,833 shares in the last quarter. Harbour Investments Inc. lifted its stake in shares of Invesco Zacks Multi-Asset Income ETF by 46.2% during the 4th quarter. Harbour Investments Inc. now owns 1,655 shares of the company’s stock valued at $44,000 after buying an additional 523 shares in the last quarter. Fifth Third Bancorp bought a new position in shares of Invesco Zacks Multi-Asset Income ETF in the first quarter worth about $145,000. JPMorgan Chase & Co. purchased a new stake in Invesco Zacks Multi-Asset Income ETF during the 3rd quarter valued at approximately $29,000. Finally, Jones Financial Companies Lllp increased its holdings in Invesco Zacks Multi-Asset Income ETF by 349.9% in the 1st quarter. Jones Financial Companies Lllp now owns 1,966 shares of the company’s stock valued at $50,000 after acquiring an additional 1,529 shares during 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.