Short Interest in Invesco SteelPath MLP & Energy Infrastructure ETF (BATS:PIPE) Drops By 85.7%

Invesco SteelPath MLP & Energy Infrastructure ETF (BATS:PIPE) was the target of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 294 shares, a drop of 85.7% from the April 30th total of 2,050 shares. Based on an average trading volume of 3,200 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Invesco SteelPath MLP & Energy Infrastructure ETF Price Performance

PIPE opened at $29.78 on Friday. The business’s 50-day moving average is $29.60 and its two-hundred day moving average is $26.92. Invesco SteelPath MLP & Energy Infrastructure ETF has a 1 year low of $22.82 and a 1 year high of $31.53. The firm has a market capitalization of $32.16 million and a PE ratio of 19.81.

About Invesco SteelPath MLP & Energy Infrastructure ETF

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.