Short Interest in Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT) Decreases By 47.8%

Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 18,630 shares, a decline of 47.8% from the June 30th total of 35,714 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 26,744 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Trading of Invesco New York AMT-Free Municipal Bond ETF

Institutional investors have recently added to or reduced their stakes in the stock. Passumpsic Savings Bank acquired a new stake in shares of Invesco New York AMT-Free Municipal Bond ETF in the 4th quarter worth approximately $768,000. Composition Wealth LLC grew its stake in Invesco New York AMT-Free Municipal Bond ETF by 5.9% in the 4th quarter. Composition Wealth LLC now owns 134,464 shares of the company’s stock worth $3,000,000 after acquiring an additional 7,437 shares during the period. Stratos Wealth Partners LTD. grew its holdings in Invesco New York AMT-Free Municipal Bond ETF by 25.8% in the 4th quarter. Stratos Wealth Partners LTD. now owns 31,004 shares of the company’s stock valued at $692,000 after buying an additional 6,359 shares during the period. Valicenti Advisory Services Inc. acquired a new position in Invesco New York AMT-Free Municipal Bond ETF during the fourth quarter worth approximately $206,000. Finally, Bank of America Corp DE grew its position in Invesco New York AMT-Free Municipal Bond ETF by 4.3% during the first quarter. Bank of America Corp DE now owns 172,864 shares of the company’s stock valued at $3,815,000 after acquiring an additional 7,143 shares during the period.

Invesco New York AMT-Free Municipal Bond ETF Trading Up 0.3%

Shares of Invesco New York AMT-Free Municipal Bond ETF stock traded up $0.07 on Wednesday, reaching $22.22. 8,484 shares of the stock were exchanged, compared to its average volume of 26,610. Invesco New York AMT-Free Municipal Bond ETF has a 1-year low of $21.19 and a 1-year high of $22.75. The business has a fifty day moving average price of $22.48 and a two-hundred day moving average price of $22.40.

About Invesco New York AMT-Free Municipal Bond ETF

The PowerShares New York AMT-Free Municipal Bond Portfolio (the Fund), formerly The PowerShares Insured New York Municipal Bond Portfolio, is based on The BofA Merrill Lynch New York Long-Term Core Plus Municipal Securities Index (Index). The Fund will invest at least 80% of its total assets in municipal securities that comprise the Index. The Index is composed of the United States dollar-denominated, investment grade, tax-exempt debt publicly issued by New York or any of the United States territory, or their political subdivisions, in the the United States domestic market with a term of at least 15 years remaining to final maturity.