Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT) Short Interest Update

Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT) was the recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 4,992 shares, a decrease of 35.3% from the July 30th total of 7,710 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 20,662 shares, the days-to-cover ratio is currently 0.2 days.

Invesco New York AMT-Free Municipal Bond ETF Stock Performance

Shares of PZT stock opened at $21.54 on Thursday. The business has a 50 day moving average of $22.28 and a two-hundred day moving average of $22.36. Invesco New York AMT-Free Municipal Bond ETF has a 52 week low of $21.29 and a 52 week high of $22.75.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. Godfrey Financial Associates Inc. acquired a new stake in shares of Invesco New York AMT-Free Municipal Bond ETF in the 4th quarter worth about $191,000. Jones Financial Companies Lllp acquired a new position in shares of Invesco New York AMT-Free Municipal Bond ETF during the first quarter worth approximately $211,000. OLD Mission Capital LLC grew its holdings in Invesco New York AMT-Free Municipal Bond ETF by 10.7% in the 4th quarter. OLD Mission Capital LLC now owns 10,205 shares of the company’s stock worth $228,000 after buying an additional 984 shares in the last quarter. Bank of New York Mellon Corp increased its position in Invesco New York AMT-Free Municipal Bond ETF by 7.0% in the 1st quarter. Bank of New York Mellon Corp now owns 10,359 shares of the company’s stock valued at $229,000 after acquiring an additional 678 shares during the period. Finally, Mustico Financial Group Inc. raised its stake 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 valued at $250,000 after acquiring an additional 1,776 shares in the last quarter.

About Invesco New York AMT-Free Municipal Bond ETF

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.