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

Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 247,038 shares, a decrease of 53.2% from the July 15th total of 527,343 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 1,642,368 shares, the days-to-cover ratio is currently 0.2 days.

Invesco National AMT-Free Municipal Bond ETF Stock Down 0.4%

NYSEARCA:PZA traded down $0.09 during mid-day trading on Friday, reaching $23.03. The stock had a trading volume of 878,734 shares, compared to its average volume of 1,484,710. Invesco National AMT-Free Municipal Bond ETF has a 1-year low of $22.03 and a 1-year high of $23.63. The stock’s 50 day simple moving average is $23.26 and its two-hundred day simple moving average is $23.26.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Blair William & Co. IL raised its position in shares of 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 valued at $34,000 after acquiring an additional 1,320 shares in the last quarter. Coston McIsaac & Partners bought a new stake in Invesco National AMT-Free Municipal Bond ETF during the fourth quarter valued at $40,000. Centennial Bank AR increased its stake in Invesco National AMT-Free Municipal Bond ETF by 204.3% during the fourth quarter. Centennial Bank AR now owns 2,030 shares of the company’s stock valued at $47,000 after purchasing an additional 1,363 shares during the last quarter. Kingdom Financial Group LLC. acquired a new stake in shares of Invesco National AMT-Free Municipal Bond ETF during the fourth quarter worth $101,000. Finally, Western Wealth Management LLC acquired a new stake in shares of Invesco National AMT-Free Municipal Bond ETF during the first quarter worth $109,000.

About Invesco National AMT-Free Municipal Bond ETF

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.