Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) Shares Shorted: Short Interest Down 82.1% in October

Invesco Zacks Multi-Asset Income ETF (NYSEARCA:CVY) was the target of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 321 shares, a decline of 82.1% from the September 30th total of 1,795 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 2,577 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On Invesco Zacks Multi-Asset Income ETF

Large investors have recently made changes to their positions in the business. Fifth Third Bancorp acquired a new position in Invesco Zacks Multi-Asset Income ETF in the 1st quarter worth about $145,000. Sigma Planning Corp bought a new stake in shares of Invesco Zacks Multi-Asset Income ETF during the third quarter worth $202,000. Finally, Kestra Advisory Services LLC grew its holdings in Invesco Zacks Multi-Asset Income ETF by 4,304.6% during the first quarter. Kestra Advisory Services LLC now owns 87,827 shares of the company’s stock valued at $2,378,000 after purchasing an additional 85,833 shares during the period.

Invesco Zacks Multi-Asset Income ETF Stock Up 0.2%

CVY stock opened at $29.13 on Tuesday. The firm has a 50-day simple moving average of $29.64 and a 200-day simple moving average of $28.81. The stock has a market capitalization of $119.43 million, a P/E ratio of 10.24 and a beta of 0.80. Invesco Zacks Multi-Asset Income ETF has a 52 week low of $25.86 and a 52 week high of $30.86.

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.