Short Interest in Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) Rises By 162.4%

Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 454 shares, an increase of 162.4% from the May 31st total of 173 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 4,270 shares, the days-to-cover ratio is presently 0.1 days.

Invesco Zacks Mid-Cap ETF Price Performance

CZA traded up $0.17 during trading hours on Tuesday, reaching $122.80. The company’s stock had a trading volume of 1,533 shares, compared to its average volume of 2,235. The stock has a market cap of $195.25 million, a PE ratio of 18.93 and a beta of 0.83. Invesco Zacks Mid-Cap ETF has a fifty-two week low of $104.49 and a fifty-two week high of $122.80. The business’s 50-day moving average is $117.81 and its 200-day moving average is $115.10.

Hedge Funds Weigh In On Invesco Zacks Mid-Cap ETF

Several large investors have recently modified their holdings of CZA. Royal Bank of Canada lifted its holdings in shares of Invesco Zacks Mid-Cap ETF by 6.6% in the 1st quarter. Royal Bank of Canada now owns 9,613 shares of the company’s stock worth $1,059,000 after acquiring an additional 599 shares during the last quarter. Cetera Investment Advisers raised its position in Invesco Zacks Mid-Cap ETF by 9.1% in the first quarter. Cetera Investment Advisers now owns 8,048 shares of the company’s stock valued at $887,000 after purchasing an additional 671 shares during the period. IMC Chicago LLC lifted its stake in Invesco Zacks Mid-Cap ETF by 26.2% during the first quarter. IMC Chicago LLC now owns 35,329 shares of the company’s stock worth $3,891,000 after purchasing an additional 7,339 shares in the last quarter. Whittier Trust Co. acquired a new position in Invesco Zacks Mid-Cap ETF during the first quarter worth $65,000. Finally, Baer Investment Advisory LLC purchased a new position in shares of Invesco Zacks Mid-Cap ETF during the first quarter worth $460,000.

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).