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

Invesco Zacks Mid-Cap ETF (NYSEARCA:CZA) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 495 shares, an increase of 34.1% from the December 15th total of 369 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 2,149 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 2,149 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

Invesco Zacks Mid-Cap ETF Stock Performance

Shares of CZA traded down $0.62 during midday trading on Friday, hitting $114.50. 3,943 shares of the stock were exchanged, compared to its average volume of 2,504. Invesco Zacks Mid-Cap ETF has a 52-week low of $90.08 and a 52-week high of $115.18. The stock has a fifty day simple moving average of $111.73 and a 200 day simple moving average of $109.66. The firm has a market cap of $187.78 million, a P/E ratio of 18.93 and a beta of 0.89.

Institutional Investors Weigh In On Invesco Zacks Mid-Cap ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. lifted its position in Invesco Zacks Mid-Cap ETF by 33.6% in the first quarter. Goldman Sachs Group Inc. now owns 21,871 shares of the company’s stock valued at $2,272,000 after acquiring an additional 5,503 shares during the last quarter. Raymond James Financial Inc. boosted its stake in Invesco Zacks Mid-Cap ETF by 44.4% during the 2nd quarter. Raymond James Financial Inc. now owns 19,649 shares of the company’s stock worth $2,096,000 after purchasing an additional 6,045 shares during the period. IMC Chicago LLC purchased a new position in Invesco Zacks Mid-Cap ETF during the 3rd quarter worth $1,773,000. Truist Financial Corp boosted its stake in shares of Invesco Zacks Mid-Cap ETF by 4.7% during the third quarter. Truist Financial Corp now owns 15,126 shares of the company’s stock worth $1,662,000 after buying an additional 680 shares during the period. Finally, Royal Bank of Canada grew its holdings in shares of Invesco Zacks Mid-Cap ETF by 15.8% during the first quarter. Royal Bank of Canada now owns 10,124 shares of the company’s stock worth $1,052,000 after buying an additional 1,381 shares during the last quarter.

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).