Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Short Interest Update

Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) was the target of a large drop in short interest in July. As of July 31st, there was short interest totaling 247,038 shares, a drop of 53.2% from the July 15th total of 527,343 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 1,642,368 shares, the days-to-cover ratio is currently 0.2 days.

Invesco National AMT-Free Municipal Bond ETF Trading Down 0.4%

Shares of NYSEARCA:PZA traded down $0.09 on Friday, reaching $23.03. The company had a trading volume of 878,734 shares, compared to its average volume of 1,484,710. Invesco National AMT-Free Municipal Bond ETF has a 52-week low of $22.03 and a 52-week high of $23.63. The firm’s 50 day simple moving average is $23.26 and its 200-day simple moving average is $23.26.

Hedge Funds Weigh In On Invesco National AMT-Free Municipal Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ocean Park Asset Management LLC bought a new position in Invesco National AMT-Free Municipal Bond ETF in the second quarter worth about $2,895,000. Wealthcare Advisory Partners LLC boosted its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 9.8% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 28,603 shares of the company’s stock valued at $673,000 after buying an additional 2,563 shares in the last quarter. Melone Private Wealth LLC grew its position in shares of Invesco National AMT-Free Municipal Bond ETF by 14.6% in the 2nd quarter. Melone Private Wealth LLC now owns 17,314 shares of the company’s stock worth $407,000 after buying an additional 2,209 shares during the last quarter. Sax Wealth Advisors LLC purchased a new position in shares of Invesco National AMT-Free Municipal Bond ETF in the 2nd quarter worth approximately $600,000. Finally, Affinity Capital Advisors LLC bought a new position in shares of Invesco National AMT-Free Municipal Bond ETF during the 2nd quarter worth approximately $816,000.

Invesco National AMT-Free Municipal Bond ETF Company Profile

The Invesco National AMT-Free Municipal Bond ETF (PZA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of investment grade, tax-exempt debt publicly issued by a US state with at least 15 years remaining to maturity. PZA was launched on Oct 11, 2007 and is managed by Invesco.