Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) Sees Significant Decline in Short Interest

Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) was the target of a large drop in short interest in May. As of May 29th, there was short interest totaling 173 shares, a drop of 34.7% from the May 14th total of 265 shares. Based on an average trading volume of 1,670 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Invesco Zacks Mid-Cap ETF Trading Up 0.1%

Shares of CZA stock traded up $0.14 during trading on Wednesday, hitting $120.51. The company’s stock had a trading volume of 5,443 shares, compared to its average volume of 2,248. The company has a market cap of $191.61 million, a PE ratio of 18.93 and a beta of 0.83. The business has a fifty day moving average of $116.79 and a 200-day moving average of $114.54. Invesco Zacks Mid-Cap ETF has a 52 week low of $103.87 and a 52 week high of $120.94.

Institutional Investors Weigh In On Invesco Zacks Mid-Cap ETF

Several large investors have recently made changes to their positions in the business. Toronto Dominion Bank bought a new stake in shares of Invesco Zacks Mid-Cap ETF in the 4th quarter worth approximately $39,889,000. IMC Chicago LLC raised its holdings in shares of Invesco Zacks Mid-Cap ETF by 73.4% in the 4th quarter. IMC Chicago LLC now owns 27,990 shares of the company’s stock worth $3,101,000 after purchasing an additional 11,848 shares during the period. EP Wealth Advisors LLC bought a new stake in shares of Invesco Zacks Mid-Cap ETF in the 4th quarter worth approximately $1,264,000. Empirical Asset Management LLC bought a new stake in shares of Invesco Zacks Mid-Cap ETF in the 3rd quarter worth approximately $1,079,000. Finally, Raymond James Financial Inc. raised its holdings in shares of Invesco Zacks Mid-Cap ETF by 44.4% in the 2nd quarter. Raymond James Financial Inc. now owns 19,649 shares of the company’s stock worth $2,096,000 after purchasing an additional 6,045 shares during the period.

About Invesco Zacks Mid-Cap ETF

Guggenheim Mid-Cap Core ETF (the Fund), formerly Claymore/Zacks Mid-Cap Core ETF, seeks investment results that correspond generally to the performance of an index called the Zacks Mid-Cap Core Index (the Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index and depositary receipts representing securities that comprise the Index (or underlying securities representing ADRs that comprise the Index). The Index is comprised of 100 securities selected, based on investment and other criteria, from a universe of mid-capitalization common stocks, including master limited partnerships (MLPs), and American depositary receipts (ADRs).