Short Interest in Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) Expands By 1,329.6%

Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) saw a significant increase in short interest in January. As of January 15th, there was short interest totaling 4,546 shares, an increase of 1,329.6% from the December 31st total of 318 shares. Based on an average daily trading volume, of 4,412 shares, the short-interest ratio is currently 1.0 days. Approximately 0.1% of the company’s shares are sold short. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 4,412 shares, the short-interest ratio is currently 1.0 days.

Institutional Trading of Invesco Zacks Multi-Asset Income ETF

Several institutional investors have recently added to or reduced their stakes in CVY. JPMorgan Chase & Co. acquired a new stake in Invesco Zacks Multi-Asset Income ETF in the 3rd quarter valued at approximately $29,000. Jones Financial Companies Lllp lifted its position in shares of 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 worth $50,000 after buying an additional 1,529 shares during the period. Citadel Advisors LLC bought a new stake in shares of Invesco Zacks Multi-Asset Income ETF in the 3rd quarter worth about $341,000. Osaic Holdings Inc. grew its stake in Invesco Zacks Multi-Asset Income ETF by 36.7% during the second quarter. Osaic Holdings Inc. now owns 18,945 shares of the company’s stock worth $488,000 after buying an additional 5,087 shares during the last quarter. Finally, Raymond James Financial Inc. increased its holdings in Invesco Zacks Multi-Asset Income ETF by 2.4% during the 3rd quarter. Raymond James Financial Inc. now owns 33,174 shares of the company’s stock valued at $889,000 after purchasing an additional 765 shares in the last quarter.

Invesco Zacks Multi-Asset Income ETF Price Performance

Shares of Invesco Zacks Multi-Asset Income ETF stock traded up $0.17 during trading hours on Thursday, reaching $28.00. The company’s stock had a trading volume of 2,842 shares, compared to its average volume of 4,715. The firm has a 50 day moving average price of $27.21 and a 200-day moving average price of $26.77. Invesco Zacks Multi-Asset Income ETF has a one year low of $21.79 and a one year high of $28.25. The stock has a market cap of $118.18 million, a P/E ratio of 10.24 and a beta of 0.89.

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.