Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) Sees Significant Drop in Short Interest

Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) was the recipient of a large drop in short interest in the month of April. As of April 15th, there was short interest totaling 11 shares, a drop of 45.0% from the March 31st total of 20 shares. Based on an average daily volume of 1,740 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Invesco Zacks Mid-Cap ETF Stock Down 0.4%

Shares of CZA traded down $0.47 during trading hours on Wednesday, reaching $115.68. 6,720 shares of the company traded hands, compared to its average volume of 2,093. Invesco Zacks Mid-Cap ETF has a 12 month low of $99.50 and a 12 month high of $118.65. The company’s fifty day moving average price is $113.82 and its two-hundred day moving average price is $112.68. The company has a market capitalization of $183.93 million, a price-to-earnings ratio of 18.93 and a beta of 0.87.

Institutional Investors Weigh In On Invesco Zacks Mid-Cap ETF

Several large investors have recently bought and sold shares of the business. Clearstead Advisors LLC bought a new position in Invesco Zacks Mid-Cap ETF during the 3rd quarter valued at about $35,000. Compass Financial Services Inc bought a new stake in shares of Invesco Zacks Mid-Cap ETF in the third quarter worth approximately $43,000. Whittier Trust Co. purchased a new position in shares of Invesco Zacks Mid-Cap ETF during the first quarter valued at approximately $65,000. Sovran Advisors LLC bought a new position in Invesco Zacks Mid-Cap ETF during the fourth quarter valued at approximately $206,000. Finally, Quattro Advisors LLC bought a new position in Invesco Zacks Mid-Cap ETF during the fourth quarter valued at approximately $257,000.

Invesco Zacks Mid-Cap ETF Company Profile

Guggenheim Mid-Cap Core ETF (the Fund), formerly Claymore/Zacks Mid-Cap Core ETF, seeks investment results that correspond generally to the performance of an index called the Zacks Mid-Cap Core Index (the Index). The Fund will invest at least 90% of its total assets in securities that comprise the Index and depositary receipts representing securities that comprise the Index (or underlying securities representing ADRs that comprise the Index). The Index is comprised of 100 securities selected, based on investment and other criteria, from a universe of mid-capitalization common stocks, including master limited partnerships (MLPs), and American depositary receipts (ADRs).