Short Interest in Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Declines By 94.7%

Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) was the target of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 396,096 shares, a decrease of 94.7% from the January 29th total of 7,489,190 shares. Based on an average daily trading volume, of 1,069,567 shares, the short-interest ratio is presently 0.4 days. Approximately 0.3% of the shares of the company are short sold. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 1,069,567 shares, the short-interest ratio is presently 0.4 days.

Invesco National AMT-Free Municipal Bond ETF Stock Up 0.0%

Shares of PZA stock traded up $0.01 during trading hours on Friday, reaching $23.60. The stock had a trading volume of 1,045,238 shares, compared to its average volume of 1,787,501. The firm has a 50-day simple moving average of $23.31 and a 200-day simple moving average of $23.11. Invesco National AMT-Free Municipal Bond ETF has a twelve month low of $21.49 and a twelve month high of $23.79.

Invesco National AMT-Free Municipal Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Monday, February 23rd will be given a dividend of $0.0677 per share. The ex-dividend date is Monday, February 23rd. This represents a c) annualized dividend and a dividend yield of 3.4%.

Institutional Investors Weigh In On Invesco National AMT-Free Municipal Bond ETF

A number of large investors have recently made changes to their positions in PZA. EP Wealth Advisors LLC acquired a new stake in shares of Invesco National AMT-Free Municipal Bond ETF during the fourth quarter worth approximately $37,153,000. NewEdge Advisors LLC grew its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 123.3% during the 4th quarter. NewEdge Advisors LLC now owns 48,032 shares of the company’s stock valued at $1,114,000 after acquiring an additional 26,521 shares in the last quarter. Quadrature Capital Ltd increased its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 572.4% in the fourth quarter. Quadrature Capital Ltd now owns 73,390 shares of the company’s stock worth $1,702,000 after acquiring an additional 62,475 shares during the last quarter. OLD Mission Capital LLC raised its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 781.7% during the fourth quarter. OLD Mission Capital LLC now owns 140,794 shares of the company’s stock worth $3,265,000 after acquiring an additional 124,826 shares in the last quarter. Finally, IHT Wealth Management LLC boosted its position in Invesco National AMT-Free Municipal Bond ETF by 19.9% during the fourth quarter. IHT Wealth Management LLC now owns 402,908 shares of the company’s stock valued at $9,343,000 after purchasing an additional 66,969 shares during the last quarter.

About Invesco National AMT-Free Municipal Bond ETF

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