Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Short Interest Down 48.5% in June

Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) was the recipient of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 89,322 shares, a drop of 48.5% from the May 31st total of 173,585 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 223,690 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in PWZ. Navalign LLC bought a new stake in shares of Invesco California AMT-Free Municipal Bond ETF in the fourth quarter valued at approximately $27,000. Ameriflex Group Inc. boosted its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 2,998 shares of the company’s stock valued at $72,000 after acquiring an additional 1,499 shares in the last quarter. Eclectic Associates Inc. ADV bought a new position in Invesco California AMT-Free Municipal Bond ETF in the fourth quarter valued at about $202,000. Elequin Capital LP acquired a new stake in shares of Invesco California AMT-Free Municipal Bond ETF during the third quarter valued at about $211,000. Finally, Corient Private Wealth LLC bought a new stake in shares of Invesco California AMT-Free Municipal Bond ETF during the second quarter worth about $227,000.

Invesco California AMT-Free Municipal Bond ETF Price Performance

Shares of Invesco California AMT-Free Municipal Bond ETF stock opened at $24.55 on Tuesday. The firm has a 50-day moving average of $24.26 and a 200-day moving average of $24.23. Invesco California AMT-Free Municipal Bond ETF has a 52-week low of $22.75 and a 52-week high of $24.59.

Invesco California AMT-Free Municipal Bond ETF Company Profile

The Invesco California AMT-Free Municipal Bond ETF (PWZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of insured investment-grade, tax-exempt debt issued by California or any US territory with at least 15 years remaining to maturity. PWZ was launched on Oct 11, 2007 and is managed by Invesco.