Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Short Interest Update

Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 173,585 shares, a growth of 130.8% from the May 14th total of 75,199 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 289,518 shares, the days-to-cover ratio is currently 0.6 days.

Invesco California AMT-Free Municipal Bond ETF Stock Down 0.2%

Shares of Invesco California AMT-Free Municipal Bond ETF stock traded down $0.06 on Friday, reaching $24.34. 113,523 shares of the company were exchanged, compared to its average volume of 227,848. The company’s 50-day moving average is $24.21 and its two-hundred day moving average is $24.21. Invesco California AMT-Free Municipal Bond ETF has a 1-year low of $22.75 and a 1-year high of $24.59.

Institutional Trading of Invesco California AMT-Free Municipal Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in PWZ. Navalign LLC acquired a new stake in shares of Invesco California AMT-Free Municipal Bond ETF during the 4th quarter worth approximately $27,000. Ameriflex Group Inc. raised its position in shares of Invesco California AMT-Free Municipal Bond ETF by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 2,998 shares of the company’s stock worth $72,000 after purchasing an additional 1,499 shares during the period. Ameritas Advisory Services LLC acquired a new stake in Invesco California AMT-Free Municipal Bond ETF in the 3rd quarter valued at approximately $174,000. Eclectic Associates Inc. ADV acquired a new stake in Invesco California AMT-Free Municipal Bond ETF in the 4th quarter valued at approximately $202,000. Finally, Elequin Capital LP acquired a new stake in Invesco California AMT-Free Municipal Bond ETF in the 3rd quarter valued at approximately $211,000.

Invesco California AMT-Free Municipal Bond ETF Company Profile

The Invesco California AMT-Free Municipal Bond ETF (PWZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of insured investment-grade, tax-exempt debt issued by California or any US territory with at least 15 years remaining to maturity. PWZ was launched on Oct 11, 2007 and is managed by Invesco.