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

Invesco SteelPath MLP & Energy Infrastructure ETF (BATS:PIPE) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 778 shares, a decline of 81.9% from the June 15th total of 4,293 shares. Based on an average trading volume of 1,683 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the company’s stock are sold short.

Invesco SteelPath MLP & Energy Infrastructure ETF Stock Performance

PIPE stock opened at $30.17 on Monday. The stock’s 50 day simple moving average is $30.05 and its 200 day simple moving average is $28.21. Invesco SteelPath MLP & Energy Infrastructure ETF has a 12-month low of $22.82 and a 12-month high of $31.53. The stock has a market capitalization of $32.58 million and a PE ratio of 19.81.

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.