Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) Sees Significant Decline in Short Interest

Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) was the recipient of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 32 shares, a decrease of 92.7% from the January 15th total of 439 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 2,747 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily volume of 2,747 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Invesco Zacks Mid-Cap ETF Trading Up 0.2%

Shares of NYSEARCA:CZA traded up $0.29 during mid-day trading on Tuesday, hitting $116.86. 1,804 shares of the company traded hands, compared to its average volume of 2,326. The stock has a 50-day moving average price of $113.41 and a two-hundred day moving average price of $110.49. Invesco Zacks Mid-Cap ETF has a 12-month low of $90.08 and a 12-month high of $116.97. The stock has a market cap of $190.48 million, a P/E ratio of 18.93 and a beta of 0.89.

Institutional Trading of Invesco Zacks Mid-Cap ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Clearstead Advisors LLC bought a new position in shares of Invesco Zacks Mid-Cap ETF during the third quarter valued at about $35,000. Compass Financial Services Inc bought a new position in shares of Invesco Zacks Mid-Cap ETF during the 3rd quarter worth approximately $43,000. Ameritas Advisory Services LLC purchased a new position in shares of Invesco Zacks Mid-Cap ETF in the 2nd quarter worth approximately $58,000. Sovran Advisors LLC purchased a new position in shares of Invesco Zacks Mid-Cap ETF in the 4th quarter worth approximately $206,000. Finally, Captrust Financial Advisors bought a new position in shares of Invesco Zacks Mid-Cap ETF in the second quarter valued at approximately $342,000.

Invesco Zacks Mid-Cap ETF Company Profile

Guggenheim Mid-Cap Core ETF (the Fund), formerly Claymore/Zacks Mid-Cap Core ETF, seeks investment results that correspond generally to the performance of an index called the Zacks Mid-Cap Core Index (the Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index and depositary receipts representing securities that comprise the Index (or underlying securities representing ADRs that comprise the Index). The Index is comprised of 100 securities selected, based on investment and other criteria, from a universe of mid-capitalization common stocks, including master limited partnerships (MLPs), and American depositary receipts (ADRs).