Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT) Short Interest Down 93.0% in December

Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT) saw a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 3,195 shares, a decline of 93.0% from the December 15th total of 45,688 shares. Based on an average trading volume of 35,126 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 35,126 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Ameritas Advisory Services LLC acquired a new position in shares of Invesco New York AMT-Free Municipal Bond ETF in the 2nd quarter valued at $26,000. Root Financial Partners LLC acquired a new position in Invesco New York AMT-Free Municipal Bond ETF in the 3rd quarter valued at about $41,000. Jones Financial Companies Lllp purchased a new stake in Invesco New York AMT-Free Municipal Bond ETF during the 1st quarter valued at approximately $211,000. Flagship Harbor Advisors LLC acquired a new stake in Invesco New York AMT-Free Municipal Bond ETF during the 3rd quarter worth approximately $220,000. Finally, PFG Investments LLC acquired a new position in shares of Invesco New York AMT-Free Municipal Bond ETF in the second quarter valued at approximately $217,000.

Invesco New York AMT-Free Municipal Bond ETF Trading Up 0.1%

Shares of NYSEARCA:PZT traded up $0.02 during trading hours on Tuesday, reaching $22.40. The stock had a trading volume of 20,638 shares, compared to its average volume of 21,004. The firm’s 50 day moving average is $22.40 and its 200-day moving average is $22.03. Invesco New York AMT-Free Municipal Bond ETF has a 1 year low of $20.19 and a 1 year high of $23.31.

About Invesco New York AMT-Free Municipal Bond ETF

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.