Invesco Rochester High Yield Municipal ETF (BATS:IROC) Sees Large Growth in Short Interest

Invesco Rochester High Yield Municipal ETF (BATS:IROC) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 27,571 shares, a growth of 147.3% from the June 15th total of 11,147 shares. Based on an average daily volume of 8,270 shares, the short-interest ratio is currently 3.3 days. Currently, 4.6% of the shares of the company are sold short.

Invesco Rochester High Yield Municipal ETF Trading Down 0.0%

BATS:IROC opened at $51.19 on Wednesday. Invesco Rochester High Yield Municipal ETF has a one year low of $49.26 and a one year high of $51.93. The firm’s fifty day moving average price is $50.95 and its two-hundred day moving average price is $50.86.

Institutional Trading of Invesco Rochester High Yield Municipal ETF

A number of institutional investors have recently bought and sold shares of IROC. Private Advisor Group LLC bought a new position in Invesco Rochester High Yield Municipal ETF in the 1st quarter valued at about $260,000. CoreCap Advisors LLC raised its position in shares of Invesco Rochester High Yield Municipal ETF by 7.4% in the 2nd quarter. CoreCap Advisors LLC now owns 5,746 shares of the company’s stock valued at $295,000 after buying an additional 397 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Invesco Rochester High Yield Municipal ETF during the 4th quarter worth approximately $299,000. U.S. Capital Wealth Advisors LLC bought a new stake in shares of Invesco Rochester High Yield Municipal ETF during the 4th quarter worth approximately $324,000. Finally, LPL Financial LLC acquired a new stake in shares of Invesco Rochester High Yield Municipal ETF during the 4th quarter worth approximately $378,000.

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.