Invesco Rochester High Yield Municipal ETF (BATS:IROC – Get Free Report) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 19,855 shares, an increase of 51.4% from the July 15th total of 13,110 shares. Currently, 3.3% of the shares of the stock are sold short. Based on an average trading volume of 10,907 shares, the days-to-cover ratio is currently 1.8 days.
Invesco Rochester High Yield Municipal ETF Stock Performance
BATS:IROC opened at $50.46 on Tuesday. Invesco Rochester High Yield Municipal ETF has a 12 month low of $49.42 and a 12 month high of $51.93. The company’s 50-day moving average price is $50.90 and its two-hundred day moving average price is $50.84.
Hedge Funds Weigh In On Invesco Rochester High Yield Municipal ETF
A number of institutional investors have recently modified their holdings of the stock. Invesco Ltd. bought a new position in Invesco Rochester High Yield Municipal ETF in the 3rd quarter worth approximately $31,363,000. Sanctuary Advisors LLC acquired a new position in Invesco Rochester High Yield Municipal ETF in the fourth quarter valued at about $299,000. LPL Financial LLC acquired a new stake in shares of Invesco Rochester High Yield Municipal ETF in the 4th quarter valued at approximately $378,000. Capital Analysts LLC boosted its position in shares of Invesco Rochester High Yield Municipal ETF by 6.2% during the fourth quarter. Capital Analysts LLC now owns 26,776 shares of the company’s stock worth $1,357,000 after purchasing an additional 1,573 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in Invesco Rochester High Yield Municipal ETF during the fourth quarter worth about $2,337,000.
About Invesco Rochester High Yield Municipal ETF
Invesco Actively Managed Exchange-Traded Fund Trust – Invesco Rochester High Yield Municipal 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 fixed income markets of the United States. It invests directly and through derivatives in medium- and lower- grade municipal securities which are rated BBB or lower by S&P, Baa or lower by Moody’s, or an equivalent rating by another nationally recognized statistical rating organization.
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