Short Interest in Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) Increases By 218.9%

Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) was the recipient of a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 1,454 shares, an increase of 218.9% from the April 15th total of 456 shares. Based on an average daily volume of 7,971 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CVY. JPMorgan Chase & Co. purchased a new position in shares of Invesco Zacks Multi-Asset Income ETF in the third quarter worth about $29,000. Harbour Investments Inc. raised its stake in shares of Invesco Zacks Multi-Asset Income ETF by 46.2% in the fourth quarter. Harbour Investments Inc. now owns 1,655 shares of the company’s stock worth $44,000 after purchasing an additional 523 shares during the last quarter. Jones Financial Companies Lllp raised its stake in shares of Invesco Zacks Multi-Asset Income ETF by 349.9% in the first quarter. Jones Financial Companies Lllp now owns 1,966 shares of the company’s stock worth $50,000 after purchasing an additional 1,529 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in shares of Invesco Zacks Multi-Asset Income ETF in the fourth quarter worth about $53,000. Finally, Fifth Third Bancorp purchased a new position in shares of Invesco Zacks Multi-Asset Income ETF in the first quarter worth about $145,000.

Invesco Zacks Multi-Asset Income ETF Stock Up 0.8%

Shares of NYSEARCA:CVY traded up $0.24 during trading on Thursday, hitting $28.66. The stock had a trading volume of 2,096 shares, compared to its average volume of 5,102. Invesco Zacks Multi-Asset Income ETF has a 12-month low of $24.24 and a 12-month high of $29.03. The stock has a market capitalization of $120.09 million, a price-to-earnings ratio of 10.24 and a beta of 0.80. The stock has a 50-day simple moving average of $27.74 and a two-hundred day simple moving average of $27.50.

Invesco Zacks Multi-Asset Income ETF Company Profile

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.