Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) Short Interest Update

Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 8,278 shares, a growth of 469.3% from the April 30th total of 1,454 shares. Based on an average trading volume of 2,656 shares, the days-to-cover ratio is presently 3.1 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Trading of Invesco Zacks Multi-Asset Income ETF

Several hedge funds and other institutional investors have recently bought and sold shares of CVY. JPMorgan Chase & Co. acquired a new stake in Invesco Zacks Multi-Asset Income ETF in the 3rd quarter worth $29,000. Harbour Investments Inc. grew its holdings in shares of Invesco Zacks Multi-Asset Income ETF by 46.2% during the 4th quarter. Harbour Investments Inc. now owns 1,655 shares of the company’s stock worth $44,000 after purchasing an additional 523 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of Invesco Zacks Multi-Asset Income ETF by 349.9% during the first quarter. Jones Financial Companies Lllp now owns 1,966 shares of the company’s stock valued at $50,000 after purchasing an additional 1,529 shares during the period. Kestra Advisory Services LLC bought a new stake in shares of Invesco Zacks Multi-Asset Income ETF during the fourth quarter valued at approximately $53,000. Finally, Fifth Third Bancorp acquired a new position in shares of Invesco Zacks Multi-Asset Income ETF in the first quarter valued at $145,000.

Invesco Zacks Multi-Asset Income ETF Stock Down 0.1%

Invesco Zacks Multi-Asset Income ETF stock traded down $0.02 during mid-day trading on Thursday, reaching $28.76. The company had a trading volume of 4,613 shares, compared to its average volume of 4,926. The firm has a market cap of $120.50 million, a price-to-earnings ratio of 10.24 and a beta of 0.80. The company has a 50 day moving average of $27.98 and a 200-day moving average of $27.65. Invesco Zacks Multi-Asset Income ETF has a 52 week low of $24.24 and a 52 week high of $29.04.

About Invesco Zacks Multi-Asset Income ETF

The Guggenheim Multi-Asset Income ETF (the Fund), formerly Claymore/Zacks Multi-Asset Income Index ETF, seeks investment results that correspond generally to the performance of an equity index called the Zacks Multi-Asset Income Index (the Index). The Index consists of approximately 125 to 150 securities selected, based on investment and other criteria, from a universe of domestic and international companies. The universe of securities within the Index includes United States-listed common stocks, American depositary receipts (ADRs) paying dividends, real estate investment trusts, master limited partnerships, closed-end funds and traditional preferred stocks.