Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Shares Shorted: Short Interest Down 57.8% in October

Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) was the recipient of a significant drop in short interest in October. As of October 15th, there was short interest totaling 164,461 shares, a drop of 57.8% from the September 30th total of 389,424 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 4,962,795 shares, the days-to-cover ratio is presently 0.0 days.

Invesco National AMT-Free Municipal Bond ETF Trading Up 0.8%

Shares of Invesco National AMT-Free Municipal Bond ETF stock opened at $22.02 on Friday. Invesco National AMT-Free Municipal Bond ETF has a 52-week low of $21.07 and a 52-week high of $23.63. The company has a 50 day moving average of $21.90 and a 200 day moving average of $22.91.

Hedge Funds Weigh In On Invesco National AMT-Free Municipal Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Procyon Advisors LLC raised its stake in Invesco National AMT-Free Municipal Bond ETF by 7.1% in the first quarter. Procyon Advisors LLC now owns 10,008 shares of the company’s stock valued at $230,000 after buying an additional 662 shares in the last quarter. First Trust Advisors LP lifted its stake in Invesco National AMT-Free Municipal Bond ETF by 8.0% during the first quarter. First Trust Advisors LP now owns 12,989 shares of the company’s stock worth $298,000 after purchasing an additional 965 shares during the last quarter. Waverly Advisors LLC lifted its stake in Invesco National AMT-Free Municipal Bond ETF by 1.3% during the second quarter. Waverly Advisors LLC now owns 86,911 shares of the company’s stock worth $2,044,000 after purchasing an additional 1,114 shares during the last quarter. Schwallier Wealth Management LLC lifted its stake in Invesco National AMT-Free Municipal Bond ETF by 11.7% during the first quarter. Schwallier Wealth Management LLC now owns 14,880 shares of the company’s stock worth $342,000 after purchasing an additional 1,555 shares during the last quarter. Finally, Harmony Asset Management LLC boosted its holdings in Invesco National AMT-Free Municipal Bond ETF by 17.5% in the first quarter. Harmony Asset Management LLC now owns 11,750 shares of the company’s stock valued at $270,000 after purchasing an additional 1,750 shares in the last quarter.

Invesco National AMT-Free Municipal Bond ETF Company Profile

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