Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Shares Shorted: Short Interest Up 94.8% in September

Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 296,648 shares, an increase of 94.8% from the August 31st total of 152,298 shares. Based on an average daily trading volume, of 3,309,226 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Trading of Invesco National AMT-Free Municipal Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Bank of America Corp DE lifted its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 5.7% during the first quarter. Bank of America Corp DE now owns 55,154,071 shares of the company’s stock worth $1,267,441,000 after purchasing an additional 2,967,775 shares during the period. Sofi Wealth LLC increased its stake in 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 valued at $45,576,000 after buying an additional 1,502,814 shares during the period. NewEdge Advisors LLC increased its stake in Invesco National AMT-Free Municipal Bond ETF by 1,199.8% in the 1st quarter. NewEdge Advisors LLC now owns 624,324 shares of the company’s stock valued at $14,347,000 after buying an additional 576,292 shares during the period. Cetera Investment Advisers increased its stake in Invesco National AMT-Free Municipal Bond ETF by 67.0% in the 1st quarter. Cetera Investment Advisers now owns 1,176,652 shares of the company’s stock valued at $27,039,000 after buying an additional 472,183 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in Invesco National AMT-Free Municipal Bond ETF by 9.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,299,957 shares of the company’s stock worth $124,655,000 after buying an additional 455,430 shares during the last quarter.

Invesco National AMT-Free Municipal Bond ETF Price Performance

PZA stock opened at $21.39 on Thursday. Invesco National AMT-Free Municipal Bond ETF has a twelve month low of $21.10 and a twelve month high of $23.63. The business has a 50 day simple moving average of $22.49 and a 200-day simple moving average of $22.99.

About Invesco National AMT-Free Municipal Bond ETF

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.