Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT) Short Interest Update

Invesco New York AMT-Free Municipal Bond ETF (NYSEARCA:PZT) was the recipient of a large decrease in short interest in the month of December. As of December 31st, there was short interest totaling 3,195 shares, a decrease of 93.0% from the December 15th total of 45,688 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 35,126 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 35,126 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Invesco New York AMT-Free Municipal Bond ETF Trading Down 0.3%

Shares of NYSEARCA PZT traded down $0.07 during mid-day trading on Monday, reaching $22.38. 31,875 shares of the company’s stock were exchanged, compared to its average volume of 21,082. Invesco New York AMT-Free Municipal Bond ETF has a 52 week low of $20.19 and a 52 week high of $23.31. The firm has a 50-day moving average price of $22.40 and a two-hundred day moving average price of $22.03.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ameritas Advisory Services LLC bought a new position in shares of Invesco New York AMT-Free Municipal Bond ETF during the 2nd quarter valued at approximately $26,000. Root Financial Partners LLC bought a new stake in shares of Invesco New York AMT-Free Municipal Bond ETF in the 3rd quarter worth approximately $41,000. Jones Financial Companies Lllp bought a new position in Invesco New York AMT-Free Municipal Bond ETF during the first quarter valued at $211,000. PFG Investments LLC bought a new position in Invesco New York AMT-Free Municipal Bond ETF during the second quarter valued at $217,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in Invesco New York AMT-Free Municipal Bond ETF in the third quarter worth $220,000.

About Invesco New York AMT-Free Municipal Bond ETF

The PowerShares New York AMT-Free Municipal Bond Portfolio (the Fund), formerly The PowerShares Insured New York Municipal Bond Portfolio, is based on The BofA Merrill Lynch New York Long-Term Core Plus Municipal Securities Index (Index). The Fund will invest at least 80% of its total assets in municipal securities that comprise the Index. The Index is composed of the United States dollar-denominated, investment grade, tax-exempt debt publicly issued by New York or any of the United States territory, or their political subdivisions, in the the United States domestic market with a term of at least 15 years remaining to final maturity.