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 July. As of July 31st, there was short interest totaling 7,710 shares, a decrease of 58.6% from the July 15th total of 18,630 shares. Based on an average trading volume of 26,282 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

Invesco New York AMT-Free Municipal Bond ETF Stock Down 0.7%

Shares of NYSEARCA:PZT traded down $0.15 on Friday, hitting $22.23. The stock had a trading volume of 21,371 shares, compared to its average volume of 26,035. The firm’s 50 day moving average price is $22.44 and its 200-day moving average price is $22.39. Invesco New York AMT-Free Municipal Bond ETF has a twelve month low of $21.23 and a twelve month high of $22.75.

Institutional Trading of Invesco New York AMT-Free Municipal Bond ETF

Several large investors have recently added to or reduced their stakes in the company. Godfrey Financial Associates Inc. acquired a new position in shares of Invesco New York AMT-Free Municipal Bond ETF in the 4th quarter worth approximately $191,000. Jones Financial Companies Lllp bought a new position in Invesco New York AMT-Free Municipal Bond ETF in the 1st quarter valued at $211,000. OLD Mission Capital LLC raised its position 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 valued at $228,000 after purchasing an additional 984 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in Invesco New York AMT-Free Municipal Bond ETF by 7.0% in the first quarter. Bank of New York Mellon Corp now owns 10,359 shares of the company’s stock worth $229,000 after purchasing an additional 678 shares in the last quarter. Finally, Mustico Financial Group Inc. boosted its stake in Invesco New York AMT-Free Municipal Bond ETF by 18.9% in the first quarter. Mustico Financial Group Inc. now owns 11,158 shares of the company’s stock worth $250,000 after purchasing an additional 1,776 shares in the last quarter.

Invesco New York AMT-Free Municipal Bond ETF Company Profile

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.