Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) Short Interest Down 99.2% in December

Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) saw a significant drop in short interest in December. As of December 15th, there was short interest totaling 1 shares, a drop of 99.2% from the November 30th total of 123 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,216 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 5,216 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.

Invesco Zacks Multi-Asset Income ETF Trading Up 0.6%

CVY traded up $0.15 during midday trading on Wednesday, hitting $27.04. The company’s stock had a trading volume of 5,922 shares, compared to its average volume of 4,564. The firm has a market cap of $115.19 million, a P/E ratio of 10.24 and a beta of 0.89. Invesco Zacks Multi-Asset Income ETF has a 52-week low of $21.79 and a 52-week high of $27.44. The firm has a 50-day moving average price of $26.60 and a two-hundred day moving average price of $26.50.

Hedge Funds Weigh In On Invesco Zacks Multi-Asset Income ETF

A number of institutional investors and hedge funds have recently bought and sold shares of CVY. HBK Sorce Advisory LLC increased its stake in shares of Invesco Zacks Multi-Asset Income ETF by 5.3% in the third quarter. HBK Sorce Advisory LLC now owns 108,198 shares of the company’s stock worth $2,886,000 after buying an additional 5,489 shares during the last quarter. Raymond James Financial Inc. increased its position in Invesco Zacks Multi-Asset Income ETF by 2.4% in the third quarter. Raymond James Financial Inc. now owns 33,174 shares of the company’s stock worth $889,000 after buying an additional 765 shares during the period. Osaic Holdings Inc. lifted its position in Invesco Zacks Multi-Asset Income ETF by 36.7% in the 2nd quarter. Osaic Holdings Inc. now owns 18,945 shares of the company’s stock valued at $488,000 after purchasing an additional 5,087 shares during the last quarter. Citadel Advisors LLC bought a new stake in shares of Invesco Zacks Multi-Asset Income ETF during the third quarter valued at approximately $341,000. Finally, Jones Financial Companies Lllp raised its stake in Invesco Zacks Multi-Asset Income ETF by 349.9% during the 1st quarter. Jones Financial Companies Lllp now owns 1,966 shares of the company’s stock valued at $50,000 after acquiring an additional 1,529 shares in the last quarter.

About Invesco Zacks Multi-Asset Income ETF

The Guggenheim Multi-Asset Income ETF (the Fund), formerly Claymore/Zacks Multi-Asset Income Index ETF, seeks investment results that correspond generally to the performance of an equity index called the Zacks Multi-Asset Income Index (the Index). The Index consists of approximately 125 to 150 securities selected, based on investment and other criteria, from a universe of domestic and international companies. The universe of securities within the Index includes United States-listed common stocks, American depositary receipts (ADRs) paying dividends, real estate investment trusts, master limited partnerships, closed-end funds and traditional preferred stocks.