Short Interest in Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) Grows By 469.3%

Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 8,278 shares, an increase of 469.3% from the April 30th total of 1,454 shares. Based on an average daily volume of 2,656 shares, the short-interest ratio is presently 3.1 days. Currently, 0.2% of the company’s stock are short sold.

Invesco Zacks Multi-Asset Income ETF Trading Up 0.3%

CVY stock traded up $0.09 during mid-day trading on Friday, hitting $28.85. The stock had a trading volume of 2,743 shares, compared to its average volume of 4,904. The company has a fifty day moving average of $28.05 and a 200 day moving average of $27.68. The stock has a market capitalization of $120.88 million, a price-to-earnings ratio of 10.24 and a beta of 0.80. Invesco Zacks Multi-Asset Income ETF has a 1-year low of $24.24 and a 1-year high of $29.04.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. HBK Sorce Advisory LLC lifted its holdings in Invesco Zacks Multi-Asset Income ETF by 1.4% during the fourth quarter. HBK Sorce Advisory LLC now owns 101,643 shares of the company’s stock worth $2,920,000 after acquiring an additional 1,398 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in 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 worth $2,378,000 after acquiring an additional 85,833 shares in the last quarter. LPL Financial LLC lifted its holdings in Invesco Zacks Multi-Asset Income ETF by 19.5% during the fourth quarter. LPL Financial LLC now owns 81,303 shares of the company’s stock worth $2,180,000 after acquiring an additional 13,243 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in Invesco Zacks Multi-Asset Income ETF by 2.4% during the third quarter. Raymond James Financial Inc. now owns 33,174 shares of the company’s stock worth $889,000 after acquiring an additional 765 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its holdings in Invesco Zacks Multi-Asset Income ETF by 36.7% during the second quarter. Osaic Holdings Inc. now owns 18,945 shares of the company’s stock worth $488,000 after acquiring an additional 5,087 shares in 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.