Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Sees Large Increase in Short Interest

Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 458,341 shares, an increase of 131.3% from the June 15th total of 198,180 shares. Based on an average daily volume of 1,123,782 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in PZA. Blair William & Co. IL grew its holdings in Invesco National AMT-Free Municipal Bond ETF by 795.2% during the 3rd quarter. Blair William & Co. IL now owns 1,486 shares of the company’s stock worth $34,000 after acquiring an additional 1,320 shares during the last quarter. Coston McIsaac & Partners acquired a new position in shares of Invesco National AMT-Free Municipal Bond ETF during the fourth quarter worth $40,000. Centennial Bank AR grew its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 204.3% in the fourth quarter. Centennial Bank AR now owns 2,030 shares of the company’s stock worth $47,000 after purchasing an additional 1,363 shares during the last quarter. Kingdom Financial Group LLC. bought a new stake in shares of Invesco National AMT-Free Municipal Bond ETF in the fourth quarter worth $101,000. Finally, Western Wealth Management LLC bought a new stake in shares of Invesco National AMT-Free Municipal Bond ETF in the first quarter worth $109,000.

Invesco National AMT-Free Municipal Bond ETF Price Performance

Invesco National AMT-Free Municipal Bond ETF stock traded up $0.02 during trading hours on Tuesday, hitting $23.42. The stock had a trading volume of 887,274 shares, compared to its average volume of 1,504,404. The business’s 50 day simple moving average is $23.33 and its 200-day simple moving average is $23.29. Invesco National AMT-Free Municipal Bond ETF has a one year low of $21.87 and a one year high of $23.63.

Invesco National AMT-Free Municipal Bond ETF Company Profile

The Invesco National AMT-Free Municipal Bond ETF (PZA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment grade, tax-exempt debt publicly issued by a US state with at least 15 years remaining to maturity. PZA was launched on Oct 11, 2007 and is managed by Invesco.