Short Interest in Invesco Rochester High Yield Municipal ETF (BATS:IROC) Drops By 37.6%

Invesco Rochester High Yield Municipal ETF (BATS:IROC) was the recipient of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 12,380 shares, a decrease of 37.6% from the July 30th total of 19,855 shares. Based on an average trading volume of 40,461 shares, the days-to-cover ratio is presently 0.3 days. Currently, 2.1% of the company’s stock are sold short.

Hedge Funds Weigh In On Invesco Rochester High Yield Municipal ETF

A number of hedge funds have recently bought and sold shares of IROC. CoreCap Advisors LLC grew its stake in Invesco Rochester High Yield Municipal ETF by 7.4% in the second quarter. CoreCap Advisors LLC now owns 5,746 shares of the company’s stock worth $295,000 after purchasing an additional 397 shares in the last quarter. Capital Analysts LLC raised its stake in Invesco Rochester High Yield Municipal ETF by 6.2% during the fourth quarter. Capital Analysts LLC now owns 26,776 shares of the company’s stock valued at $1,357,000 after buying an additional 1,573 shares in the last quarter. Cetera Investment Advisers lifted its holdings in Invesco Rochester High Yield Municipal ETF by 20.3% during the 1st quarter. Cetera Investment Advisers now owns 18,778 shares of the company’s stock worth $946,000 after buying an additional 3,170 shares during the last quarter. Sanctuary Advisors LLC lifted its holdings in Invesco Rochester High Yield Municipal ETF by 72.0% during the 1st quarter. Sanctuary Advisors LLC now owns 10,148 shares of the company’s stock worth $511,000 after buying an additional 4,248 shares during the last quarter. Finally, Turner Financial Group Inc. bought a new position in Invesco Rochester High Yield Municipal ETF during the 2nd quarter worth approximately $230,000.

Invesco Rochester High Yield Municipal ETF Price Performance

Shares of IROC stock opened at $49.80 on Wednesday. The firm has a fifty day moving average of $50.73 and a two-hundred day moving average of $50.79. Invesco Rochester High Yield Municipal ETF has a 1-year low of $49.55 and a 1-year high of $51.93.

About Invesco Rochester High Yield Municipal ETF

Invesco Actively Managed Exchange-Traded Fund Trust – Invesco Rochester High Yield Municipal 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 fixed income markets of the United States. It invests directly and through derivatives in medium- and lower- grade municipal securities which are rated BBB or lower by S&P, Baa or lower by Moody’s, or an equivalent rating by another nationally recognized statistical rating organization.