Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) Sees Large Drop in Short Interest

Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 173 shares, a decline of 34.7% from the May 14th total of 265 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 1,670 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Invesco Zacks Mid-Cap ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of America Corp DE boosted its holdings in Invesco Zacks Mid-Cap ETF by 3.3% during the second quarter. Bank of America Corp DE now owns 6,101 shares of the company’s stock worth $651,000 after buying an additional 196 shares in the last quarter. Clearstead Advisors LLC bought a new position in shares of Invesco Zacks Mid-Cap ETF in the third quarter valued at $35,000. MML Investors Services LLC increased its holdings in shares of Invesco Zacks Mid-Cap ETF by 5.1% in the fourth quarter. MML Investors Services LLC now owns 8,529 shares of the company’s stock valued at $945,000 after buying an additional 412 shares in the last quarter. Whittier Trust Co. acquired a new stake in shares of Invesco Zacks Mid-Cap ETF during the 1st quarter valued at $65,000. Finally, Royal Bank of Canada boosted its stake in shares of Invesco Zacks Mid-Cap ETF by 6.6% during the 1st quarter. Royal Bank of Canada now owns 9,613 shares of the company’s stock worth $1,059,000 after acquiring an additional 599 shares in the last quarter.

Invesco Zacks Mid-Cap ETF Trading Down 1.3%

Shares of Invesco Zacks Mid-Cap ETF stock opened at $118.83 on Thursday. Invesco Zacks Mid-Cap ETF has a 52 week low of $103.87 and a 52 week high of $120.94. The stock has a market cap of $188.94 million, a PE ratio of 18.93 and a beta of 0.83. The company’s 50-day moving average price is $116.93 and its two-hundred day moving average price is $114.59.

About Invesco Zacks Mid-Cap ETF

Guggenheim Mid-Cap Core ETF (the Fund), formerly Claymore/Zacks Mid-Cap Core ETF, seeks investment results that correspond generally to the performance of an index called the Zacks Mid-Cap Core Index (the Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index and depositary receipts representing securities that comprise the Index (or underlying securities representing ADRs that comprise the Index). The Index is comprised of 100 securities selected, based on investment and other criteria, from a universe of mid-capitalization common stocks, including master limited partnerships (MLPs), and American depositary receipts (ADRs).