Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) Short Interest Update

Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 8,278 shares, a growth of 469.3% from the April 30th total of 1,454 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 2,656 shares, the short-interest ratio is currently 3.1 days.

Hedge Funds Weigh In On Invesco Zacks Multi-Asset Income ETF

A number of large investors have recently made changes to their positions in the business. Jones Financial Companies Lllp increased 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 worth $50,000 after buying an additional 1,529 shares during the last quarter. Osaic Holdings Inc. increased its holdings in Invesco Zacks Multi-Asset Income ETF by 36.7% in the second quarter. Osaic Holdings Inc. now owns 18,945 shares of the company’s stock worth $488,000 after buying an additional 5,087 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in Invesco Zacks Multi-Asset Income ETF in the third quarter worth approximately $29,000. Raymond James Financial Inc. increased its holdings in Invesco Zacks Multi-Asset Income ETF by 2.4% in the third quarter. Raymond James Financial Inc. now owns 33,174 shares of the company’s stock worth $889,000 after buying an additional 765 shares during the last quarter. Finally, Citadel Advisors LLC acquired a new position in Invesco Zacks Multi-Asset Income ETF in the third quarter worth approximately $341,000.

Invesco Zacks Multi-Asset Income ETF Stock Down 0.1%

Shares of CVY traded down $0.02 during trading hours on Thursday, reaching $28.76. The company’s stock had a trading volume of 4,613 shares, compared to its average volume of 4,926. The firm has a market cap of $120.50 million, a price-to-earnings ratio of 10.24 and a beta of 0.80. Invesco Zacks Multi-Asset Income ETF has a 1-year low of $24.24 and a 1-year high of $29.04. The company has a 50 day moving average of $27.98 and a two-hundred day moving average of $27.65.

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.