Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) Shares Shorted: Short Interest Up 94.8% in September

Invesco National AMT-Free Municipal Bond ETF (NYSEARCA:PZA) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 296,648 shares, an increase of 94.8% from the August 31st total of 152,298 shares. Based on an average daily trading volume, of 3,309,226 shares, the short-interest ratio is currently 0.1 days. Approximately 0.2% of the shares of the stock are short sold.

Invesco National AMT-Free Municipal Bond ETF Stock Performance

NYSEARCA PZA traded up $0.21 during trading on Wednesday, hitting $21.39. 4,768,688 shares of the stock traded hands, compared to its average volume of 1,779,637. Invesco National AMT-Free Municipal Bond ETF has a 12-month low of $21.10 and a 12-month high of $23.63. The firm has a 50-day simple moving average of $22.52 and a 200-day simple moving average of $23.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Centennial Bank AR increased its position in Invesco National AMT-Free Municipal Bond ETF by 204.3% in the fourth quarter. Centennial Bank AR now owns 2,030 shares of the company’s stock worth $47,000 after purchasing an additional 1,363 shares during the last quarter. Western Wealth Management LLC purchased a new position in shares of Invesco National AMT-Free Municipal Bond ETF in the 1st quarter worth $109,000. IMG Wealth Management Inc. grew its stake in shares of Invesco National AMT-Free Municipal Bond ETF by 94.0% in the 1st quarter. IMG Wealth Management Inc. now owns 5,152 shares of the company’s stock worth $118,000 after buying an additional 2,496 shares in the last quarter. International Assets Investment Management LLC increased its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 826.7% in the 1st quarter. International Assets Investment Management LLC now owns 5,449 shares of the company’s stock worth $126,000 after buying an additional 4,861 shares during the last quarter. Finally, Signature Equity Partners LLC increased its holdings in shares of Invesco National AMT-Free Municipal Bond ETF by 217.7% in the 1st quarter. Signature Equity Partners LLC now owns 7,638 shares of the company’s stock worth $176,000 after buying an additional 5,234 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.