Invesco SteelPath MLP & Energy Infrastructure ETF (BATS:PIPE) Sees Large Decline in Short Interest

Invesco SteelPath MLP & Energy Infrastructure ETF (BATS:PIPE) was the recipient of a large decline in short interest in August. As of August 14th, there was short interest totaling 1,824 shares, a decline of 73.1% from the July 30th total of 6,788 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 2,435 shares, the short-interest ratio is currently 0.7 days.

Invesco SteelPath MLP & Energy Infrastructure ETF Stock Performance

PIPE stock remained flat at $31.06 on Thursday. The company had a trading volume of 4,485 shares, compared to its average volume of 2,310. Invesco SteelPath MLP & Energy Infrastructure ETF has a 1 year low of $22.82 and a 1 year high of $31.54. The stock’s 50-day simple moving average is $30.33 and its 200 day simple moving average is $29.61. The firm has a market capitalization of $33.54 million and a PE ratio of 19.81.

Invesco SteelPath MLP & Energy Infrastructure ETF Company Profile

Invesco Actively Managed Exchange-Traded Fund Trust – Invesco SteelPath MLP & Energy Infrastructure ETF is an exchange traded fund launched and managed by Invesco Capital Management LLC. The fund is co-managed by Invesco Advisers, Inc It invests in public equity markets of the United States. The fund invests in stocks of companies operating across energy, oil, gas and consumable fuels, oil and gas refining and marketing, petroleum and petroleum products, natural gas liquids, oil and gas storage and transportation and hydrocarbons sectors.