Invesco SteelPath MLP & Energy Infrastructure ETF (BATS:PIPE) Short Interest Up 925.4% in July

Invesco SteelPath MLP & Energy Infrastructure ETF (BATS:PIPE) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 6,788 shares, an increase of 925.4% from the July 15th total of 662 shares. Based on an average daily trading volume, of 3,670 shares, the days-to-cover ratio is currently 1.8 days. Approximately 0.6% of the shares of the company are short sold.

Invesco SteelPath MLP & Energy Infrastructure ETF Price Performance

PIPE traded up $0.36 during trading on Tuesday, reaching $30.41. 749 shares of the company’s stock were exchanged, compared to its average volume of 2,240. Invesco SteelPath MLP & Energy Infrastructure ETF has a 1 year low of $22.82 and a 1 year high of $31.54. The company’s fifty day simple moving average is $30.10 and its 200-day simple moving average is $29.16. The stock has a market capitalization of $32.84 million and a P/E ratio of 19.81.

Invesco SteelPath MLP & Energy Infrastructure ETF Company Profile

Invesco Actively Managed Exchange-Traded Fund Trust – Invesco SteelPath MLP & Energy Infrastructure ETF is an exchange traded fund launched and managed by Invesco Capital Management LLC. The fund is co-managed by Invesco Advisers, Inc It invests in public equity markets of the United States. The fund invests in stocks of companies operating across energy, oil, gas and consumable fuels, oil and gas refining and marketing, petroleum and petroleum products, natural gas liquids, oil and gas storage and transportation and hydrocarbons sectors.