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 significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 152,298 shares, a drop of 33.9% from the August 15th total of 230,440 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 1,771,142 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of Invesco National AMT-Free Municipal Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its stake in Invesco National AMT-Free Municipal Bond ETF by 5.7% in the 1st quarter. Bank of America Corp DE now owns 55,154,071 shares of the company’s stock valued at $1,267,441,000 after buying an additional 2,967,775 shares during the period. Sofi Wealth LLC lifted its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 312.8% in the 1st quarter. Sofi Wealth LLC now owns 1,983,286 shares of the company’s stock worth $45,576,000 after acquiring an additional 1,502,814 shares during the period. NewEdge Advisors LLC boosted its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 1,199.8% in the first quarter. NewEdge Advisors LLC now owns 624,324 shares of the company’s stock valued at $14,347,000 after acquiring an additional 576,292 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 67.0% in the first quarter. Cetera Investment Advisers now owns 1,176,652 shares of the company’s stock valued at $27,039,000 after acquiring an additional 472,183 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 19.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,877,361 shares of the company’s stock worth $43,536,000 after acquiring an additional 304,768 shares during the period.

Invesco National AMT-Free Municipal Bond ETF Stock Up 0.4%

PZA stock traded up $0.09 on Thursday, hitting $22.08. The company’s stock had a trading volume of 4,220,965 shares, compared to its average volume of 1,629,095. The firm has a 50 day moving average of $22.82 and a two-hundred day moving average of $23.11. Invesco National AMT-Free Municipal Bond ETF has a 1 year low of $21.95 and a 1 year high of $23.63.

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.