Short Interest in Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Expands By 131.3%

Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) was the recipient of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 458,341 shares, an increase of 131.3% from the June 15th total of 198,180 shares. Based on an average daily trading volume, of 1,123,782 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the company’s shares are sold short.

Invesco National AMT-Free Municipal Bond ETF Stock Performance

Shares of PZA stock traded down $0.04 on Wednesday, reaching $23.38. The company had a trading volume of 1,783,274 shares, compared to its average volume of 1,506,500. The company has a 50-day moving average of $23.33 and a 200-day moving average of $23.29. Invesco National AMT-Free Municipal Bond ETF has a 12 month low of $21.87 and a 12 month high of $23.63.

Institutional Investors Weigh In On Invesco National AMT-Free Municipal Bond ETF

Large investors have recently bought and sold shares of the company. Concurrent Investment Advisors LLC raised its position in Invesco National AMT-Free Municipal Bond ETF by 44.2% in the 4th quarter. Concurrent Investment Advisors LLC now owns 97,793 shares of the company’s stock valued at $2,268,000 after buying an additional 29,962 shares during the last quarter. HighTower Advisors LLC boosted its position in Invesco National AMT-Free Municipal Bond ETF by 72.6% during the 4th quarter. HighTower Advisors LLC now owns 53,778 shares of the company’s stock worth $1,247,000 after acquiring an additional 22,628 shares during the last quarter. Quadrant Private Wealth Management LLC grew its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 61.9% during the 4th quarter. Quadrant Private Wealth Management LLC now owns 59,773 shares of the company’s stock worth $1,386,000 after acquiring an additional 22,856 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new position in shares of Invesco National AMT-Free Municipal Bond ETF during the 3rd quarter worth approximately $1,345,000. Finally, Ascent Group LLC raised its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 181.2% in the fourth quarter. Ascent Group LLC now owns 89,360 shares of the company’s stock valued at $2,072,000 after purchasing an additional 57,579 shares during 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.