Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) Short Interest Up 1,329.6% in January

Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 4,546 shares, a growth of 1,329.6% from the December 31st total of 318 shares. Based on an average trading volume of 4,412 shares, the short-interest ratio is currently 1.0 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 4,412 shares, the short-interest ratio is currently 1.0 days.

Invesco Zacks Multi-Asset Income ETF Trading Down 0.1%

Shares of CVY traded down $0.02 during mid-day trading on Tuesday, reaching $27.88. The company’s stock had a trading volume of 3,431 shares, compared to its average volume of 5,031. Invesco Zacks Multi-Asset Income ETF has a 52 week low of $21.79 and a 52 week high of $28.25. The stock has a market cap of $117.65 million, a PE ratio of 10.24 and a beta of 0.89. The company’s fifty day moving average price is $27.17 and its two-hundred day moving average price is $26.77.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. HBK Sorce Advisory LLC boosted its holdings in Invesco Zacks Multi-Asset Income ETF by 5.3% during the 3rd quarter. HBK Sorce Advisory LLC now owns 108,198 shares of the company’s stock valued at $2,886,000 after acquiring an additional 5,489 shares during the period. JPMorgan Chase & Co. purchased a new position in Invesco Zacks Multi-Asset Income ETF in the 3rd quarter worth approximately $29,000. Citadel Advisors LLC bought a new stake in Invesco Zacks Multi-Asset Income ETF in the third quarter valued at approximately $341,000. Raymond James Financial Inc. boosted its stake in shares of Invesco Zacks Multi-Asset Income ETF by 2.4% during the third quarter. Raymond James Financial Inc. now owns 33,174 shares of the company’s stock valued at $889,000 after purchasing an additional 765 shares during the period. Finally, Osaic Holdings Inc. grew its holdings in shares of Invesco Zacks Multi-Asset Income ETF by 36.7% in the second quarter. Osaic Holdings Inc. now owns 18,945 shares of the company’s stock worth $488,000 after purchasing an additional 5,087 shares during the last quarter.

Invesco Zacks Multi-Asset Income ETF Company Profile

The Guggenheim Multi-Asset Income ETF (the Fund), formerly Claymore/Zacks Multi-Asset Income Index ETF, seeks investment results that correspond generally to the performance of an equity index called the Zacks Multi-Asset Income Index (the Index). The Index consists of approximately 125 to 150 securities selected, based on investment and other criteria, from a universe of domestic and international companies. The universe of securities within the Index includes United States-listed common stocks, American depositary receipts (ADRs) paying dividends, real estate investment trusts, master limited partnerships, closed-end funds and traditional preferred stocks.