Invesco Rochester High Yield Municipal ETF (BATS:IROC – Get Free Report) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 51,126 shares, an increase of 97.5% from the September 15th total of 25,888 shares. Currently, 8.5% of the shares of the stock are sold short. Based on an average trading volume of 42,444 shares, the short-interest ratio is presently 1.2 days.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the company. Citadel Advisors LLC acquired a new stake in Invesco Rochester High Yield Municipal ETF in the 2nd quarter valued at about $214,000. Envestnet Portfolio Solutions Inc. bought a new position in shares of Invesco Rochester High Yield Municipal ETF during the 2nd quarter valued at about $221,000. Turner Financial Group Inc. acquired a new position in shares of Invesco Rochester High Yield Municipal ETF in the 2nd quarter worth approximately $230,000. Private Advisor Group LLC acquired a new position in shares of Invesco Rochester High Yield Municipal ETF in the 1st quarter worth approximately $260,000. Finally, CoreCap Advisors LLC grew its stake in shares of Invesco Rochester High Yield Municipal ETF by 7.4% in the 2nd quarter. CoreCap Advisors LLC now owns 5,746 shares of the company’s stock worth $295,000 after purchasing an additional 397 shares during the last quarter.
Invesco Rochester High Yield Municipal ETF Stock Performance
IROC opened at $47.99 on Thursday. The business has a 50 day moving average price of $49.31 and a two-hundred day moving average price of $50.28. Invesco Rochester High Yield Municipal ETF has a 1-year low of $47.35 and a 1-year high of $51.93.
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.
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