Invesco Rochester High Yield Municipal ETF (BATS:IROC) Shares Shorted: Short Interest Down 34.2% in October

Invesco Rochester High Yield Municipal ETF (BATS:IROC) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 33,643 shares, a decrease of 34.2% from the September 30th total of 51,126 shares. Based on an average trading volume of 64,374 shares, the days-to-cover ratio is presently 0.5 days. Currently, 5.6% of the company’s stock are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. ABLE Financial Group LLC increased its stake in shares of Invesco Rochester High Yield Municipal ETF by 22.5% during the third quarter. ABLE Financial Group LLC now owns 82,773 shares of the company’s stock valued at $3,965,000 after acquiring an additional 15,191 shares during the period. Ashton Thomas Securities LLC purchased a new stake in shares of Invesco Rochester High Yield Municipal ETF in the third quarter worth approximately $3,718,000. Commonwealth Equity Services LLC purchased a new position in shares of Invesco Rochester High Yield Municipal ETF during the 3rd quarter valued at $760,000. ACT Advisors LLC. acquired a new position in shares of Invesco Rochester High Yield Municipal ETF in the third quarter worth $343,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new position in shares of Invesco Rochester High Yield Municipal ETF in the second quarter worth $221,000.

Invesco Rochester High Yield Municipal ETF Trading Down 0.1%

Shares of IROC opened at $49.10 on Tuesday. Invesco Rochester High Yield Municipal ETF has a 52 week low of $47.35 and a 52 week high of $51.93. The stock has a 50 day moving average of $48.84 and a 200-day moving average of $50.33.

About Invesco Rochester High Yield Municipal ETF

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.