Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT) Shares Shorted: Short Interest Down 67.7% in September

Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT) was the recipient of a significant decline in short interest in September. As of September 15th, there was short interest totaling 1,976 shares, a decline of 67.7% from the August 31st total of 6,110 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 118,506 shares, the short-interest ratio is presently 0.0 days.

Invesco New York AMT-Free Municipal Bond ETF Price Performance

Invesco New York AMT-Free Municipal Bond ETF stock traded down $0.10 during trading hours on Friday, hitting $20.65. 82,392 shares of the stock were exchanged, compared to its average volume of 33,070. The business’s 50-day moving average is $21.77 and its two-hundred day moving average is $22.19. Invesco New York AMT-Free Municipal Bond ETF has a 12 month low of $20.59 and a 12 month high of $22.75.

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

A number of large investors have recently bought and sold shares of the business. Bank of New York Mellon Corp grew its holdings in shares of Invesco New York AMT-Free Municipal Bond ETF by 7.0% during the first quarter. Bank of New York Mellon Corp now owns 10,359 shares of the company’s stock worth $229,000 after purchasing an additional 678 shares during the last quarter. Sax Wealth Advisors LLC lifted its position in Invesco New York AMT-Free Municipal Bond ETF by 3.7% during the 2nd quarter. Sax Wealth Advisors LLC now owns 43,231 shares of the company’s stock worth $954,000 after buying an additional 1,555 shares in the last quarter. Mustico Financial Group Inc. lifted its position in Invesco New York AMT-Free Municipal Bond ETF by 18.9% during the 1st quarter. Mustico Financial Group Inc. now owns 11,158 shares of the company’s stock worth $250,000 after buying an additional 1,776 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in Invesco New York AMT-Free Municipal Bond ETF by 3.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 49,048 shares of the company’s stock worth $1,115,000 after acquiring an additional 1,828 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in Invesco New York AMT-Free Municipal Bond ETF by 4.1% during the 1st quarter. Cetera Investment Advisers now owns 49,531 shares of the company’s stock worth $1,093,000 after acquiring an additional 1,949 shares during the last quarter.

Invesco New York AMT-Free Municipal Bond ETF Company Profile

The PowerShares New York AMT-Free Municipal Bond Portfolio (the Fund), formerly The PowerShares Insured New York Municipal Bond Portfolio, is based on The BofA Merrill Lynch New York Long-Term Core Plus Municipal Securities Index (Index). The Fund will invest at least 80% of its total assets in municipal securities that comprise the Index. The Index is composed of the United States dollar-denominated, investment grade, tax-exempt debt publicly issued by New York or any of the United States territory, or their political subdivisions, in the the United States domestic market with a term of at least 15 years remaining to final maturity.