Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) Stock Short Interest Report for September

Invesco Taxable Municipal Bond ETF (NYSEARCA:BAB) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 705,772 shares, a drop of 39.2% from the September 15th total of 1,161,225 shares. Approximately 2.1% of the shares of the stock are sold short. Based on an average trading volume of 386,982 shares, the short-interest ratio is currently 1.8 days.

Institutional Investors Weigh In On Invesco Taxable Municipal Bond ETF

Large investors have recently made changes to their positions in the company. United Asset Strategies Inc. increased its position in Invesco Taxable Municipal Bond ETF by 2.4% in the 1st quarter. United Asset Strategies Inc. now owns 20,697 shares of the company’s stock valued at $558,000 after buying an additional 492 shares in the last quarter. Traub Capital Management LLC grew its holdings in shares of Invesco Taxable Municipal Bond ETF by 5.2% in the first quarter. Traub Capital Management LLC now owns 17,525 shares of the company’s stock valued at $472,000 after acquiring an additional 860 shares in the last quarter. First Trust Advisors LP grew its stake in Invesco Taxable Municipal Bond ETF by 10.3% in the 1st quarter. First Trust Advisors LP now owns 11,333 shares of the company’s stock valued at $306,000 after purchasing an additional 1,055 shares during the period. Gill Capital Partners LLC bought a new position in shares of Invesco Taxable Municipal Bond ETF during the 2nd quarter valued at approximately $46,000. Finally, NewEdge Advisors LLC raised its stake in shares of Invesco Taxable Municipal Bond ETF by 3.5% in the second quarter. NewEdge Advisors LLC now owns 50,989 shares of the company’s stock valued at $1,369,000 after buying an additional 1,739 shares during the period.

Invesco Taxable Municipal Bond ETF Price Performance

Shares of NYSEARCA:BAB traded down $0.11 on Friday, reaching $25.66. 145,610 shares of the company traded hands, compared to its average volume of 252,875. The stock has a market capitalization of $857.18 million, a PE ratio of -202.23 and a beta of 0.30. The company’s 50 day moving average is $25.96 and its 200-day moving average is $26.47. Invesco Taxable Municipal Bond ETF has a fifty-two week low of $25.15 and a fifty-two week high of $27.73.

Invesco Taxable Municipal Bond ETF Company Profile

PowerShares Build America Bond Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called The BofA Merrill Lynch Build America Bond Index (the Index). The Fund will normally invests at least 80% of its total assets in the securities that comprise the Index. The Index is designed to track the performance of the United States dollar-denominated Build America Bonds publicly issued by the United States and territories, and their political subdivisions, in the United States market.