Invesco Rochester High Yield Municipal ETF (BATS:IROC) Sees Significant Increase in Short Interest

Invesco Rochester High Yield Municipal ETF (BATS:IROC) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 51,126 shares, a growth of 97.5% from the September 15th total of 25,888 shares. Approximately 8.5% of the company’s shares are sold short. Based on an average daily trading volume, of 42,444 shares, the short-interest ratio is presently 1.2 days.

Institutional Trading of Invesco Rochester High Yield Municipal ETF

A number of institutional investors have recently modified their holdings of IROC. CoreCap Advisors LLC raised its position in Invesco Rochester High Yield Municipal ETF by 7.4% during the 2nd quarter. CoreCap Advisors LLC now owns 5,746 shares of the company’s stock valued at $295,000 after purchasing an additional 397 shares during the last quarter. Capital Analysts LLC lifted its holdings in Invesco Rochester High Yield Municipal ETF by 3.4% in the 2nd quarter. Capital Analysts LLC now owns 31,100 shares of the company’s stock worth $1,595,000 after buying an additional 1,035 shares during the period. Cetera Investment Advisers lifted its holdings in Invesco Rochester High Yield Municipal ETF by 20.3% in the 1st quarter. Cetera Investment Advisers now owns 18,778 shares of the company’s stock worth $946,000 after buying an additional 3,170 shares during the period. Citadel Advisors LLC bought a new stake in shares of Invesco Rochester High Yield Municipal ETF in the 2nd quarter worth approximately $214,000. Finally, Sanctuary Advisors LLC grew its position in shares of Invesco Rochester High Yield Municipal ETF by 72.0% in the 1st quarter. Sanctuary Advisors LLC now owns 10,148 shares of the company’s stock worth $511,000 after buying an additional 4,248 shares during the last quarter.

Invesco Rochester High Yield Municipal ETF Price Performance

Shares of Invesco Rochester High Yield Municipal ETF stock opened at $48.10 on Wednesday. The company’s fifty day simple moving average is $49.37 and its two-hundred day simple moving average is $50.30. Invesco Rochester High Yield Municipal ETF has a 12-month low of $47.35 and a 12-month high of $51.93.

Invesco Rochester High Yield Municipal ETF Company Profile

Invesco Actively Managed Exchange-Traded Fund Trust – Invesco Rochester High Yield Municipal 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 fixed income markets of the United States. It invests directly and through derivatives in medium- and lower- grade municipal securities which are rated BBB or lower by S&P, Baa or lower by Moody’s, or an equivalent rating by another nationally recognized statistical rating organization.