Invesco SteelPath MLP & Energy Infrastructure ETF (BATS:PIPE) Sees Large Decline in Short Interest

Invesco SteelPath MLP & Energy Infrastructure ETF (BATS:PIPE) saw a large decrease in short interest in August. As of August 14th, there was short interest totaling 1,824 shares, a decrease of 73.1% from the July 30th total of 6,788 shares. Based on an average trading volume of 2,435 shares, the short-interest ratio is presently 0.7 days. Approximately 0.2% of the shares of the stock are short sold.

Invesco SteelPath MLP & Energy Infrastructure ETF Price Performance

PIPE opened at $30.71 on Friday. The company’s 50 day simple moving average is $30.39 and its two-hundred day simple moving average is $29.65. Invesco SteelPath MLP & Energy Infrastructure ETF has a 1-year low of $22.82 and a 1-year high of $31.54. The firm has a market capitalization of $33.17 million and a price-to-earnings ratio of 19.81.

Invesco SteelPath MLP & Energy Infrastructure ETF Company Profile

Invesco Actively Managed Exchange-Traded Fund Trust – Invesco SteelPath MLP & Energy Infrastructure ETF is an exchange traded fund launched and managed by Invesco Capital Management LLC. The fund is co-managed by Invesco Advisers, Inc It invests in public equity markets of the United States. The fund invests in stocks of companies operating across energy, oil, gas and consumable fuels, oil and gas refining and marketing, petroleum and petroleum products, natural gas liquids, oil and gas storage and transportation and hydrocarbons sectors.