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

Invesco SteelPath MLP & Energy Infrastructure ETF (BATS:PIPE) was the recipient of a large drop in short interest in August. As of August 31st, there was short interest totaling 826 shares, a drop of 54.7% from the August 15th total of 1,824 shares. Based on an average trading volume of 3,595 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Invesco SteelPath MLP & Energy Infrastructure ETF Stock Performance

Shares of PIPE opened at $30.68 on Monday. The company has a market cap of $33.13 million and a PE ratio of 19.81. The stock has a 50-day moving average price of $30.63 and a 200-day moving average price of $29.90. Invesco SteelPath MLP & Energy Infrastructure ETF has a 12-month low of $22.82 and a 12-month high of $31.54.

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.