Invesco SteelPath MLP & Energy Infrastructure ETF (BATS:PIPE) Short Interest Down 73.1% in August

Invesco SteelPath MLP & Energy Infrastructure ETF (BATS:PIPE) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 1,824 shares, a drop of 73.1% from the July 30th total of 6,788 shares. Based on an average daily volume of 2,435 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.2% of the company’s stock are short sold.

Invesco SteelPath MLP & Energy Infrastructure ETF Stock Performance

Shares of Invesco SteelPath MLP & Energy Infrastructure ETF stock remained flat at $31.06 during trading hours on Thursday. 4,485 shares of the stock traded hands, compared to its average volume of 2,310. The company’s fifty day moving average price is $30.33 and its 200-day moving average price is $29.61. The firm has a market cap of $33.54 million and a P/E ratio of 19.81. Invesco SteelPath MLP & Energy Infrastructure ETF has a fifty-two week low of $22.82 and a fifty-two week high of $31.54.

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.