Invesco Rochester High Yield Municipal ETF (BATS:IROC) Short Interest Up 103.7% in August

Invesco Rochester High Yield Municipal ETF (BATS:IROC) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 25,222 shares, an increase of 103.7% from the August 15th total of 12,380 shares. Currently, 4.2% of the company’s shares are short sold. Based on an average trading volume of 12,301 shares, the days-to-cover ratio is currently 2.1 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of IROC. Private Advisor Group LLC acquired a new position in shares of Invesco Rochester High Yield Municipal ETF in the 1st quarter valued at about $260,000. Turner Financial Group Inc. acquired a new stake in shares of Invesco Rochester High Yield Municipal ETF during the second quarter worth approximately $230,000. Sanctuary Advisors LLC grew its position in Invesco Rochester High Yield Municipal ETF by 72.0% during the first quarter. Sanctuary Advisors LLC now owns 10,148 shares of the company’s stock valued at $511,000 after purchasing an additional 4,248 shares in the last quarter. Citadel Advisors LLC purchased a new position in Invesco Rochester High Yield Municipal ETF during the second quarter valued at approximately $214,000. Finally, Cetera Investment Advisers increased its stake in Invesco Rochester High Yield Municipal ETF by 20.3% in the 1st quarter. Cetera Investment Advisers now owns 18,778 shares of the company’s stock valued at $946,000 after buying an additional 3,170 shares during the period.

Invesco Rochester High Yield Municipal ETF Trading Down 0.0%

BATS IROC opened at $49.15 on Wednesday. The firm’s 50 day moving average price is $50.38 and its two-hundred day moving average price is $50.67. Invesco Rochester High Yield Municipal ETF has a twelve month low of $49.00 and a twelve month high of $51.93.

About Invesco Rochester High Yield Municipal ETF

Invesco Actively Managed Exchange-Traded Fund Trust – Invesco Rochester High Yield Municipal 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 fixed income markets of the United States. It invests directly and through derivatives in medium- and lower- grade municipal securities which are rated BBB or lower by S&P, Baa or lower by Moody’s, or an equivalent rating by another nationally recognized statistical rating organization.