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

Invesco SteelPath MLP & Energy Infrastructure ETF (BATS:PIPE) was the target of a large drop in short interest during the month of June. As of June 30th, there was short interest totaling 778 shares, a drop of 81.9% from the June 15th total of 4,293 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 1,683 shares, the days-to-cover ratio is presently 0.5 days.

Invesco SteelPath MLP & Energy Infrastructure ETF Stock Down 0.7%

PIPE traded down $0.21 during midday trading on Friday, reaching $30.17. The company had a trading volume of 2,148 shares, compared to its average volume of 2,107. The business has a 50-day moving average of $30.05 and a two-hundred day moving average of $28.18. Invesco SteelPath MLP & Energy Infrastructure ETF has a 1 year low of $22.82 and a 1 year high of $31.53. The company has a market cap of $32.58 million and a P/E ratio of 19.81.

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.