Invesco SteelPath MLP & Energy Infrastructure ETF (BATS:PIPE) Sees Large Increase in Short Interest

Invesco SteelPath MLP & Energy Infrastructure ETF (BATS:PIPE) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 2,833 shares, an increase of 863.6% from the May 14th total of 294 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 5,994 shares, the short-interest ratio is presently 0.5 days.

Invesco SteelPath MLP & Energy Infrastructure ETF Stock Up 1.7%

Shares of Invesco SteelPath MLP & Energy Infrastructure ETF stock opened at $30.18 on Thursday. The stock has a market cap of $32.59 million and a PE ratio of 19.81. The business has a fifty day simple moving average of $29.63 and a 200-day simple moving average of $27.30. Invesco SteelPath MLP & Energy Infrastructure ETF has a 12 month low of $22.82 and a 12 month high of $31.53.

About Invesco SteelPath MLP & Energy Infrastructure ETF

Invesco Actively Managed Exchange-Traded Fund Trust – Invesco SteelPath MLP & Energy Infrastructure ETF is an exchange traded fund launched and managed by Invesco Capital Management LLC. The fund is co-managed by Invesco Advisers, Inc It invests in public equity markets of the United States. The fund invests in stocks of companies operating across energy, oil, gas and consumable fuels, oil and gas refining and marketing, petroleum and petroleum products, natural gas liquids, oil and gas storage and transportation and hydrocarbons sectors.