Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Shares Shorted: Short Interest Down 83.5% in September

Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 60,497 shares, a drop of 83.5% from the August 31st total of 366,596 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 975,926 shares, the short-interest ratio is presently 0.1 days.

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

Shares of PWZ traded down $0.09 during mid-day trading on Friday, reaching $22.43. The company had a trading volume of 338,174 shares, compared to its average volume of 315,521. The company’s 50-day moving average is $23.68 and its 200-day moving average is $24.03. Invesco California AMT-Free Municipal Bond ETF has a twelve month low of $22.47 and a twelve month high of $24.59.

Institutional Investors Weigh In On Invesco California AMT-Free Municipal Bond ETF

Several large investors have recently made changes to their positions in the company. Royal Bank of Canada raised its position in shares of Invesco California AMT-Free Municipal Bond ETF by 4.2% during the first quarter. Royal Bank of Canada now owns 15,645 shares of the company’s stock worth $373,000 after purchasing an additional 635 shares during the period. United Community Bank bought a new position in shares of Invesco California AMT-Free Municipal Bond ETF during the 2nd quarter valued at about $31,000. Pure Financial Advisors LLC grew its position in shares of Invesco California AMT-Free Municipal Bond ETF by 0.6% in the 4th quarter. Pure Financial Advisors LLC now owns 292,533 shares of the company’s stock valued at $7,068,000 after purchasing an additional 1,744 shares during the period. TD Waterhouse Canada Inc. bought a new stake in Invesco California AMT-Free Municipal Bond ETF during the 2nd quarter worth approximately $71,000. Finally, Nwam LLC bought a new stake in Invesco California AMT-Free Municipal Bond ETF during the 2nd quarter worth approximately $100,000.

About Invesco California AMT-Free Municipal Bond ETF

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