Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) Shares Shorted: Short Interest Down 72.6% in October

Invesco California AMT-Free Municipal Bond ETF (NYSEARCA:PWZ) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 147,162 shares, a decrease of 72.6% from the September 30th total of 537,540 shares. Based on an average daily trading volume, of 1,707,807 shares, the short-interest ratio is currently 0.1 days. Approximately 0.3% of the shares of the stock are short sold.

Institutional Trading of Invesco California AMT-Free Municipal Bond ETF

Large investors have recently made changes to their positions in the business. Syon Capital LLC boosted its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 2.2% in the 2nd quarter. Syon Capital LLC now owns 1,231,692 shares of the company’s stock worth $30,189,000 after purchasing an additional 26,637 shares during the period. Bank of America Corp DE lifted its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 10.1% in the 1st quarter. Bank of America Corp DE now owns 1,053,233 shares of the company’s stock worth $25,141,000 after acquiring an additional 96,820 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Invesco California AMT-Free Municipal Bond ETF by 181.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 306,376 shares of the company’s stock worth $6,835,000 after acquiring an additional 197,688 shares during the last quarter. Affinity Capital Advisors LLC boosted its stake in shares of Invesco California AMT-Free Municipal Bond ETF by 46.4% during the 3rd quarter. Affinity Capital Advisors LLC now owns 180,526 shares of the company’s stock worth $4,019,000 after purchasing an additional 57,245 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco California AMT-Free Municipal Bond ETF by 2.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 296,330 shares of the company’s stock worth $3,713,000 after purchasing an additional 6,330 shares during the period.

Invesco California AMT-Free Municipal Bond ETF Stock Performance

NYSEARCA PWZ traded down $0.07 during trading on Wednesday, hitting $22.98. 189,584 shares of the stock traded hands, compared to its average volume of 461,231. The firm has a 50-day simple moving average of $22.98 and a 200-day simple moving average of $23.92. Invesco California AMT-Free Municipal Bond ETF has a 12-month low of $22.03 and a 12-month high of $24.59.

About Invesco California AMT-Free Municipal Bond ETF

The Invesco California AMT-Free Municipal Bond ETF (PWZ) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of insured investment-grade, tax-exempt debt issued by California or any US territory with at least 15 years remaining to maturity. PWZ was launched on Oct 11, 2007 and is managed by Invesco.