Short Interest in Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) Expands By 218.9%

Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) was the target of a significant increase in short interest in April. As of April 30th, there was short interest totaling 1,454 shares, an increase of 218.9% from the April 15th total of 456 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 7,971 shares, the short-interest ratio is presently 0.2 days.

Invesco Zacks Multi-Asset Income ETF Price Performance

NYSEARCA:CVY traded down $0.22 during trading hours on Friday, hitting $28.44. The company had a trading volume of 770 shares, compared to its average volume of 5,055. The company has a market capitalization of $119.16 million, a PE ratio of 10.24 and a beta of 0.80. The stock has a 50-day moving average price of $27.75 and a 200 day moving average price of $27.50. Invesco Zacks Multi-Asset Income ETF has a 52 week low of $24.24 and a 52 week high of $29.03.

Institutional Trading of Invesco Zacks Multi-Asset Income ETF

Several large investors have recently added to or reduced their stakes in CVY. Jones Financial Companies Lllp boosted its holdings in Invesco Zacks Multi-Asset Income ETF by 349.9% in the first quarter. Jones Financial Companies Lllp now owns 1,966 shares of the company’s stock valued at $50,000 after acquiring an additional 1,529 shares in the last quarter. Osaic Holdings Inc. lifted its position 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 valued at $488,000 after buying an additional 5,087 shares during the period. JPMorgan Chase & Co. purchased a new position in Invesco Zacks Multi-Asset Income ETF during the third quarter valued at $29,000. Raymond James Financial Inc. lifted its position 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 valued at $889,000 after buying an additional 765 shares during the period. Finally, Citadel Advisors LLC purchased a new position in Invesco Zacks Multi-Asset Income ETF during the third quarter valued at $341,000.

Invesco Zacks Multi-Asset Income ETF Company Profile

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.