Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) Short Interest Update

Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) was the recipient of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 7,018 shares, an increase of 54.4% from the January 15th total of 4,546 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 4,900 shares, the short-interest ratio is presently 1.4 days. Based on an average daily volume of 4,900 shares, the short-interest ratio is presently 1.4 days. Approximately 0.2% of the shares of the company are sold short.

Invesco Zacks Multi-Asset Income ETF Stock Performance

NYSEARCA CVY traded up $0.14 during trading on Monday, reaching $28.51. The company’s stock had a trading volume of 2,876 shares, compared to its average volume of 3,969. Invesco Zacks Multi-Asset Income ETF has a twelve month low of $21.79 and a twelve month high of $29.03. The firm has a market cap of $120.31 million, a price-to-earnings ratio of 10.24 and a beta of 0.89. The business’s fifty day moving average price is $27.63 and its 200-day moving average price is $26.96.

Hedge Funds Weigh In On Invesco Zacks Multi-Asset Income ETF

Several hedge funds and other institutional investors have recently bought and sold shares of CVY. JPMorgan Chase & Co. acquired a new stake in Invesco Zacks Multi-Asset Income ETF in the third quarter valued at approximately $29,000. Harbour Investments Inc. boosted its stake in shares of Invesco Zacks Multi-Asset Income ETF by 46.2% in the fourth quarter. Harbour Investments Inc. now owns 1,655 shares of the company’s stock valued at $44,000 after purchasing an additional 523 shares during the period. Jones Financial Companies Lllp grew its holdings in Invesco Zacks Multi-Asset Income ETF by 349.9% during the 1st quarter. Jones Financial Companies Lllp now owns 1,966 shares of the company’s stock valued at $50,000 after purchasing an additional 1,529 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in Invesco Zacks Multi-Asset Income ETF during the 4th quarter worth $53,000. Finally, Citadel Advisors LLC acquired a new position in Invesco Zacks Multi-Asset Income ETF in the 3rd quarter worth $341,000.

About Invesco Zacks Multi-Asset Income ETF

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.