Invesco Rochester High Yield Municipal ETF (BATS:IROC) Short Interest Down 52.5% in July

Invesco Rochester High Yield Municipal ETF (BATS:IROC) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 13,110 shares, a drop of 52.5% from the June 30th total of 27,571 shares. Based on an average trading volume of 9,195 shares, the short-interest ratio is currently 1.4 days. Approximately 2.2% of the company’s stock are sold short.

Invesco Rochester High Yield Municipal ETF Price Performance

BATS:IROC opened at $50.60 on Wednesday. Invesco Rochester High Yield Municipal ETF has a one year low of $49.32 and a one year high of $51.93. The company’s 50-day simple moving average is $50.96 and its 200 day simple moving average is $50.86.

Hedge Funds Weigh In On Invesco Rochester High Yield Municipal ETF

Several large investors have recently made changes to their positions in the business. Invesco Ltd. boosted its position in shares of Invesco Rochester High Yield Municipal ETF by 195.7% in the 4th quarter. Invesco Ltd. now owns 1,830,745 shares of the company’s stock worth $92,800,000 after purchasing an additional 1,211,665 shares in the last quarter. Jane Street Group LLC bought a new position in Invesco Rochester High Yield Municipal ETF during the 4th quarter valued at approximately $2,337,000. LPL Financial LLC purchased a new position in Invesco Rochester High Yield Municipal ETF during the fourth quarter valued at $378,000. ABLE Financial Group LLC raised its stake in Invesco Rochester High Yield Municipal ETF by 15.4% during the fourth quarter. ABLE Financial Group LLC now owns 49,003 shares of the company’s stock valued at $2,484,000 after buying an additional 6,548 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC purchased a new position in Invesco Rochester High Yield Municipal ETF during the fourth quarter valued at $324,000.

Invesco Rochester High Yield Municipal ETF Company Profile

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.