Invesco Rochester High Yield Municipal ETF (BATS:IROC) Sees Large Increase in Short Interest

Invesco Rochester High Yield Municipal ETF (BATS:IROC) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 19,855 shares, a growth of 51.4% from the July 15th total of 13,110 shares. Approximately 3.3% of the company’s shares are short sold. Based on an average daily volume of 10,907 shares, the short-interest ratio is presently 1.8 days.

Hedge Funds Weigh In On Invesco Rochester High Yield Municipal ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Invesco Ltd. raised its stake in Invesco Rochester High Yield Municipal ETF by 195.7% in the fourth quarter. Invesco Ltd. now owns 1,830,745 shares of the company’s stock worth $92,800,000 after buying an additional 1,211,665 shares in the last quarter. Jane Street Group LLC bought a new stake in Invesco Rochester High Yield Municipal ETF during the 4th quarter valued at approximately $2,337,000. Capital Analysts LLC boosted its position in Invesco Rochester High Yield Municipal ETF by 6.2% during the 4th quarter. Capital Analysts LLC now owns 26,776 shares of the company’s stock valued at $1,357,000 after acquiring an additional 1,573 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Invesco Rochester High Yield Municipal ETF by 20.3% during the 1st quarter. Cetera Investment Advisers now owns 18,778 shares of the company’s stock worth $946,000 after acquiring an additional 3,170 shares during the period. Finally, Sanctuary Advisors LLC grew its holdings in shares of Invesco Rochester High Yield Municipal ETF by 72.0% during the 1st quarter. Sanctuary Advisors LLC now owns 10,148 shares of the company’s stock worth $511,000 after acquiring an additional 4,248 shares during the period.

Invesco Rochester High Yield Municipal ETF Trading Down 0.2%

BATS IROC opened at $50.35 on Wednesday. Invesco Rochester High Yield Municipal ETF has a fifty-two week low of $49.45 and a fifty-two week high of $51.93. The stock has a 50 day simple moving average of $50.89 and a two-hundred day simple moving average of $50.84.

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.